What Is Ppo Insurance Definition. Ppo plans, or preferred provider organization plans, are one of the most popular types of plans in the individual and family market. This is even true when traveling out of the state or internationally.
Ppo, or preferred provider organization, is a flexible insurance plan that allows the patient to pick doctors and hospitals even outside the network of providers. Let's say your health insurance plan's allowed amount for an office visit is $100 and your coinsurance is 20%. See the dictionary meaning, pronunciation, and sentence examples.
Let's say your health insurance plan's allowed amount for an office visit is $100 and your coinsurance is 20%.
With an hmo, or health management organization, you will have to declare a primary care physician before visiting that medical professional. The percentage of costs of a covered health care service you pay (20%, for example) after you've paid your deductible. Ppo (preferred provider organization) insurance is a type of health plan in which families can choose their specialty care doctors without a referral from a primary care physician. See the dictionary meaning, pronunciation, and sentence examples.