What is the difference between HMO, PPO, and EPO plans?

HMO, PPO, and EPO plans are different types of health insurance plans. The key difference lies in the level of flexibility and choice of healthcare providers. HMO plans typically require members to choose a primary care physician (PCP) and get referrals to see specialists. PPO plans offer more flexibility, allowing members to see any doctor or specialist without needing a referral. PPO plans often have higher out-of-pocket costs but provide more choices. EPO plans fall in between, offering some flexibility like PPO plans but generally not requiring referrals. EPO plans also often have a narrower network of providers compared to PPO plans. It's important to carefully consider your healthcare needs and preferences when choosing between these plan types.