Compare the difference between a managed care plan (HMO or PPO) and a CDHP plan in terms of …show more content…
A PPO plan gives a person greater freedom by allowing them to visit both in-network as well as out-of-network practitioners, however it also comes with higher premiums. Typically, a person has to pay a co-insurance or co-pay when visiting their doctor or undergoing a medical procedure, however the person gets to benefit from the discounted rates that come with managed care plans. When one attains a certain deductible limit, the insurance plan caters for their remaining medical costs for the year (Emily,