What are the principal types of health insurance coverage available today?

Most of the plans we see today are either an EPO ( Exclusive Provider Organization) or HDHP (High Deductible Health Plan). There are others, but these are the most common.

EPOs have copays for office visits, most tests and prescriptions. Hospital stays, surgery and invasive tests are generally covered after a deductible or cost-sharing is applied.

HDHPs are usually coupled with a Health Savings Account (HSA) and have a deductible of at least $1,150 before the insurance portion kicks in. The deductible can be as high as $5,950 for an individual and $11,900 for a family. These deductibles are indexed annually.