POS Health Insurance Plans
POS plans, or Point of Service plans, are based on the basic managed care principles: lower medical costs in exchange for more limited choice. But POS health insurance does differ from other managed care plans.
When you enroll in a POS plan, you are required to choose a primary care physician to monitor your health care. This primary care physician must be chosen from within the the health insurance companies health care network, and becomes your "point of service".
The primary POS physician may then make referrals - even outside the network, in which case your benefits will be less than if a network doctor was used.
For medical visits within the health care network, paperwork is completed for you. If you choose to go outside the network, it is your responsibility to fill out the forms, send bills in for payment, and keep an accurate account of health care receipts.
The costs under a POS plan is similar to that of other managed care plans. It may be slightly less costly than a PPO because the health insurance company will still regulate most of your health care.