Difference Between EPO And POS

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Difference Between EPO And POS. In this article, you will read about what is EPO, what is POS, and what is the main difference between EPO and POS. Both the terms are related to each other, but have significant differences between them. Here, we will first understand the main difference between EPO and POS, then differentiate between them in detail.

In US and many other foreign countries, a citizen is given an insurance plan to receive medical treatment by consulting doctors and various specialists. These insurance plans are pretty expensive. But, the government provides various types of plans, so an individual can choose the health insurance plan according to their needs. The plans may differ in terms of cost, size of the plan network, coverage of out-of-network services, availability of specialists.

There are three types of health insurance plans, i.e. HMO, PPO, and EPO. In this piece of information, we will discuss EPO and POS.

What Is The Main Difference Between EPO And POS?

The main difference between EPO and POS is that the:

-EPO stands for ‘Exclusive Provider Organization’. It is a health insurance plan the provides hospitals, doctors and specialists within the network, but the network is larger than the HMO’s plan. You have an option to select specialists and doctors out-of-network with extra cost.

-POS stands for ‘Point Of Service’. It is a health insurance plan that provides health services with fewer choices and low cost. It is a combination of HMO and PPO plan. You can choose your doctor or specialist in or out-of-network, but the services will be better if you stay in-network.

Difference Between EPO And POS - chart

What Is EPO?

EPO stands for ‘Exclusive Provider Organization’. It is a health insurance plan the provides hospitals, doctors and specialists within the network, but the network is larger than the HMO’s plan. You have an option to select specialists and doctors out-of-network only in an emergency.

No referral is required from a primary care physician. It is a pocket-friendly insurance plan. You can avail some high facilities by keeping your pocket in the budget.

What Is POS?

POS stands for ‘Point Of Service’. It is a health insurance plan that provides health services with fewer choices and low cost. It is a combination of HMO and PPO plan. You can choose your doctor or specialist in or out-of-network, but the services will be better if you stay in-network.

In POS, you need a referral from PCP. PCP is actually referred to as from where and which provider you get services. Your services and coverage will depend on whether you choose in-netwrok or out-of-network.

featured image source: www.cpajournal.com

Also check: https://www.informatie360.com/difference-between-type-1-diabetes-and-type-2-diabetes/

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