Health Insurance 101: Comparing Types of Coverage

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Millions of folks dread choosing a health insurance plan. In fact, it feels less like a benefit and more like a chore — especially since that are so many logistics and financial concerns to wade through. Moreover, the process is filled with jargon and a dizzying variety of choices.

To make things a little bit more approachable, we're breaking down the most common types of health insurance plans — HMO, PPO, EPO, and POS plans — as well as other supplemental forms of coverage, like HSAs. (And don't worry — we'll break down those acronyms, too.) After all, understanding the unique features of each type of insurance plan is the key to choosing the best coverage for you and your dependents.