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If you're self-employed or work for a company that
doesn't offer health insurance, you can buy it on your own. Taking that route isn't cheap. You may have a wide range of plans and plenty of coverage options to choose from, but the final decision will probably come down to what you can afford. In 1995, more than 60 percent of Americans under the age of 65 had some type of private health insurance. Many of us have the coverage, but understanding the different kinds of health insurance can be a challenge. No matter who pays the premiums, MAKE SURE YOU KNOW WHAT YOU'RE GETTING. "Traditional" health insurance Managed care Preferred Provider Organizations (PPOs) Point-of-Service (POS) Health Maintenance Organizations (HMOs) |
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