Preferred Provider Organization Ppo


Definition of "Preferred provider organization (ppo)"

Chad Pinkston
Chad Pinkston DeSelms Real Estate

Hospital, physician, or other provider of health care that an insurer recommends to insureds. A PPO allows insurance companies to negotiate directly with hospitals and physicians for health services at a lower price than would be normally charged. A PPO tries to combine the best elements of a fee-for-service and health maintenance organization (HMO) systems.

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