They offer lower co-payments but give more flexibility when selecting a healthcare provider
They offer lower co-payments but give more flexibility when selecting a healthcare provider
They offer lower co-payments but give more flexibility when selecting a healthcare provider
The four types of managed care plans are health maintenance organizations (HMOs), preferred provider organizations (PPOs), exclusive provider organizations (EPOs), and point-of-service plans (POS).
PPO stands for Preferred Provider Organizations, which means that usually there is a network of healthcare providers that are preferred and will be covered by your insurance (in-network). You are always able to see a healthcare provider that is not a preferred provider, although the coverage may not be 100%. Your plan will dictate how your insurance covers you for "out-of-network" providers.
A large insurer or a group of doctors or hospitals typically organizes a PPO. Under this arrangement, networks of health care providers contract with large organizations to offer their services at a reduced rate
Sarah Feldman has written: 'Managed care and provider volume' -- subject(s): Econometric models, Managed care plans (Medical care), Preferred provider organizations (Medical care)
Preferred Provider Organization -- try Google next time. Pretty easy answer
Preferred Provider Organization
The Committee approach
The Committee approach
These healthcare plans are called PPOs (preferred provider organizations), as opposed to HMOs. Of course, if you are in a fee for service plan or "private pay" (just pay yourself), then you may also choose any doctor you wish, at any time.