Health insurance is divided into three basic types namely: government- sponsored health insurance, indemnity plans and managed care plans. These three types have different attractive benefits with advantages and disadvantages as regards your ideal health insurance.
The government- sponsored health insurance comprises of different forms but the common ones include: military health care, Medicare, Indian health services, state children health insurance program (SCHIP), Medicaid and state specific plans. This type of plan is ideal for seniors, people who cannot pay for their own health insurance and retirees. If you finally decide to choose this particular plan, it is wise to go through all the listed forms above so you don’t get any surprises.