preferred provider organization

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Also found in: Medical, Legal, Financial.

pre·ferred provider organization

(prĭ-fûrd′)
n. Abbr. PPO
A health insurance plan in which members pay less for health care provided by professionals and hospitals affiliated with the plan.
References in periodicals archive ?
Quill improves on that traditional model by also including an attorney's in-depth legal counsel, which any prudent buyer will appreciate.
Prudent Buyer, Solihull, Birmingham Mail, November 3, 1976.
The place printed money and like all other restaurant/lounges thing have slowed down a bit but that spells OPPORTUNITY for the prudent buyer.
China, as a prudent buyer, cannot be expected to pay any price substantially higher than Iran.
When the asking price exceeds book value, a prudent buyer should test the justification for the excess.
Unsurprisingly, sellers then have to pay for the documents to be updated as no prudent buyer would accept an out-of-date survey.
I always recommend that a prudent buyer or seller should use a broker with experience and knowledge of the local market to guide them as they navigate a specific market--Manhattan, Brooklyn or the Hamptons.
1 between Hospital Corporation of America and Blue Cross of California, affecting subscribers of its Prudent Buyer (PPO), CaliforniaCare (HMO) and Point of Service programs.
In conclusion therefore a full and proper due diligence exercise is a "must" for any prudent buyer.
A prudent buyer in these circumstances will want to protect itself from suppliers who quote delivery times recklessly or dishonestly.
With these points in mind, a prudent buyer will consult an investment counselor, lawyer, or trusted family member who knows one's goals, resources, and financial obligations for help in deciding whether or not to purchase LTCI.
Conflicts arise because any prudent buyer wants your company for the lowest price versus your objective to get the highest price.