preferred provider organization

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Related to Preferred-provider organization: health maintenance organization, Exclusive Provider Organization

pre·ferred provider organization

n. Abbr. PPO
A health insurance plan in which members pay less for health care provided by professionals and hospitals affiliated with the plan.
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References in periodicals archive ?
Aetna (NYSE:AET) announced today that it has developed two new preferred-provider organization (PPO) medical plans for small employers in New Jersey, expanding its portfolio of affordable health benefits solutions.
Blue Shield of California has developed a significant market position in the California market through its broad portfolio of products, ranging from managed HMO products to preferred-provider organization coverages and traditional products.
The company's point-of-service and preferred-provider organization (PPO) products have been the front-runners of growth in its managed-care segment in recent years.