7 Types of Health Insurance Plans Having the right health insurance benefit for your small business is extremely important. In order to help you find the benefit that fits your needs, we'll go over seven types of health insurance plans. Five of these are traditional group health insurance policies, but we'll also introduce you to alternatives if group health is outside your budget. Knowing these policy types will prepare you for evaluating options each year as part of your internal small business audit. Preferred Provider Organization (PPO) Health Maintenance Organization (HMO)Â Health Insurance Plans Point of Service (POS) Health Insurance Plans Exclusive Provider Organization (EPOs)Â Health Insurance Plans Indemnity Health Insurance Plans Health Savings Account (HSA) Health Insurance Plans Health Reimbursement Arrangements (HRAs) There are a number of options for small businesses looking to offer health benefits, both inside and outside of the traditional group health insurance sphere. Source: peoplekeep.com
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