What is a Medicare HMO Plan?
According to the Health Maintenance Organization Act of 1973 it is mandatory for organizations with employees more than 25 or more to provide certified HMO insurance plan. A HMO or Health Maintenance organization is one that provides healthcare in coordination with health care providers on a prepayment basis.
How Do Medicare HMO Plans Work?
In a Medicare HMO plan there is a contract that is entered into between the health organization and the doctors and hospitals situated in Indiana region. This way there is a flat fee that is entered into the contract based on each patient’s individual case.
Therefore making sure that the medical costs for the patient are the least when compared to other plan. The insurer only has to pay flat monthly fees irrespective of the medical services made use of in a particular month.
Benefits of HMO Plans
Some of the benefits offered by HMO plan in Indiana are: