There’s a lot to consider when you’re picking a plan. What’s included? What is a copay, deductible and coinsurance and how can you use these numbers to choose a plan that will minimize your out of pocket costs? What’s the difference between an HMO and PPO, and which works best for your health care needs?

It’s normal to have a lot of questions – and Blue Cross Blue Shield of Michigan is here to help answer them. Take a look at this infographic to learn more about how the new individual health insurance plans work.

To learn more about the basics of health insurance, visit bcbsm.com/101.

For more health insurance tips read our Health Insurance 101 blog series, visit bcbsm.com/101 or follow the hashtag #Covered101 on our social channels. If you have a specific question, please submit your query online through our Customer Action Center. 

Photo Credit: Julien Harnels