preferred provider organization

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Also found in: Medical, Financial.
Related to Preferred-provider organization: health maintenance organization, Exclusive Provider Organization

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.
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References in periodicals archive ?
In the most recent evaluation, the NCQA reviewed the compliance efforts of Aetna Health Inc., an HMO-point of service plan, and Aetna Life Insurance Co., a preferred-provider organization, both operating in New York.
In the most recent evaluation, NCQA reviewed the compliance efforts of Aetna Health Inc., an HMO-point of service plan, and Aetna Life Insurance Co., a preferred-provider organization, both operating in New York.
Preferred-Provider Organization: A health-care plan entitling members to choose physicians, hospitals and clinics either within the network or out of network, without referrals and within certain limits.
The for-profit provider is promising an ambitious menu of comprehensive medical and preferred-provider organization plans collectively known as Summerlin Easy Hawaii.
Regence had other insurance agreements, aside from its preferred-provider organization, that gave other options for obtaining services from PeaceHealth, he said.