Need Health Insurance?

Preferred Provider Organization or PPO

With this option, youll receive a list of highly qualified medical providers and facilities to select from when you require health care. This type of coverage typically pays for hospital room and board, physicians and surgeons fees, lab services and much more. The providers charge on a fee-for-service basis, but are paid on a negotiated, discounted fee schedule.

Other Glossary Terms

• Coinsurance
• Copayment or copay
• Deductible
• Health Maintenance Organization
• Health Savings Account or HSA
• High Deductible Health Plan or HDHP
• HMO
• In-Network
• Out-of-pocket maximum or out-of-pocket limit
• PPO
• Preferred Provider Organization or PPO