preferred provider organization

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Also found in: Medical, Financial.

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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Since 1992, he has been Managing Partner of Hursh & Hursh, P.C., serving the legal needs of a variety of clients including physicians, physician groups, integrated delivery systems, and preferred provider organizations. In the pages of "The Final Hurdle: A Physician's Guide to Negotiating a Fair Employment Agreement" he draws upon his years of experience and expertise to provide a complete instruction manual for physicians on employment contracts with clinics, hospitals, and medical practices.
This reference profiles 1,213 health maintenance organizations (HMOs), preferred provider organizations (PPOs), and point of service (POS) plans in the U.S.
Q: What is the difference between Point of Service (POS) organizations and Preferred Provider Organizations (PPO)?
Preferred provider organizations, or PPOs, are still the most popular health plans offered by employers, as 79 percent of employers offered those plans in 2011.
* Preferred provider organizations continue to dominate the employer market, enrolling 58 percent of covered workers.
This reference profiles 1,082 health maintenance organizations (HMOs), preferred provider organizations (PPOs), and point of service (POS) plans in the U.S.
$560 Amount the average deductible rose to in 2008 for workers in Preferred Provider Organizations
If settlement terms are applied to the workers' compensation community, preferred provider organizations and their customers such as workers' comp insurers could be forced to either stop saying that they are evaluating quality of medical care or begin actually do to it.
The market continues to be dominated by preferred provider organizations, which insure about 57% of covered workers; consumer-driven plans account for only about 5%.
Medical costs for preferred provider organizations, the most common type of health plan, will rise an estimated 9.9% in 2008 from 11.9% forecast for 2007, the firm said in a report released last week.
It found that health care costs are projected to increase by 11.4% for health maintenance organizations, 11.2% for point-of-service plans and 11.6% for preferred provider organizations.

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