There is trade-off between cost and flexibility with the different health insurance options. With a fee-for-service plan, you have more flexibility in choosing a health care team, but you pay more in terms of time and money. With a managed care plan, you pay less for medical care in terms of time and money, but you have fewer choices in choosing a health care team. With the preferred provider organization, you can leave your options open and balance flexibility and cost each time you make a health care decision. Each option has pros and cons, and no one option is right for everyone. You should choose the option that is right for you.
Updated 02/02/09
