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).
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.
"Independent Health does offer much coverage- on drugs and doctors visits. However, it does not offer PPOs. PPOs will have to be through a new insurance company."
There are many health plans available in colorado, including PPOs, HSAs and High Deductible Plans. Depending on your health history you can, you may qualify for preferred ratings.
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{| |- | Preferred Provider Organization (also known as a PPO) is a managed care system that offers members health benefits and medical coverage based on a specific structure and network of medical professionals and facilities. PPOs are commonly sponsored by employers or insurance companies and help subsidize member medical costs. All doctors, hospitals, and health care providers involved in the network are selected by the preferred provider Organization to provide medical assistance and health care coverage to its members. PPOs encourage members to utilize the doctors and hospitals within the PPO network but do allow members to visit out-of-network medical services providers. PPOs cover more of your medical costs if you visit an in-network provider. However, if a member visits a doctor or medical facility that is not within the PPO network, he/she is not covered at the level the member would be if he/she visited an in-network provider. But Health Maintenance Organization (also called an HMO) is one of three managed care health insurance systems in the United States. An HMO is designed to offer financial support and medical treatment to plan members. Some managed care systems don't offer medical treatment themselves. Rather, they offer different levels of financial coverage based on whether you visit in-network or out-of-network care providers. HMOs, on the other hand, have a system of physicians and hospitals that are involved in a specific coverage structure. If you're part of a Health maintenance Organization, you are only covered if you go to a physician within the HMO network. |}
PPOs or cash-based.
Yes the Triple Option Plan is a type of managed care plan. It gives to its enrollees the freedom to choose among HMOs, PPOs, and basic indemnity. HMOs and PPOs are other types of managed care.
Depends on your insurance. HMOs need referrals, PPOs don't.
A business owner can offer several types of health plans to their employees. Health plans are offered as a PPO, HMO or a health savings account. PPOs generally offer the employee more freedom to select a wider set of physicians and healthcare providers. HMOs generally keep a tighter control of operations. HMOs typically require the employee to see one primary care physician before they can see any type of specialist. The HMO must refer the employee to the specialist in order to be paid. Conversely, PPOs do not require this. PPOs allow employees to simply make an appointment with a specialist and see him/her directly. By offering both PPOs and HMOs, a business owner can accommodate employee�s individual preferences.
It is a fixed payment or fee that is uniform for everyone.