A health maintenance organization (HMO) is an organization that provides or arranges managed care for health insurance, self-funded health care benefit plans, individuals and other entities in the United States as a liaison with health care providers (hospitals, doctors, etc.) on a prepaid basis. The Health Maintenance Organization Act of 1973 required employers with 25 or more employees to offer federally certified HMO options if the employer offers traditional healthcare options. Unlike traditional indemnity insurance, an HMO covers care rendered by those doctors and other professionals who have agreed by contract to treat patients in accordance with the HMO's guidelines and restrictions in exchange for a steady stream of customers. HMOs cover emergency care regardless of the health care provider's contracted status.
Read more about Health Maintenance Organization: Operation, Cost Containment, History, Types of HMOs, Regulation, Legal Responsibilities, Organizations
Famous quotes containing the words health, maintenance and/or organization:
“Nothing in Nature’s sober found,
But an eternal health goes round.
Fill up the bowl, then, fill it high,
Fill all the glasses there—for why
Should every creature drink but I?
Why, man of morals, tell me why?”
—Abraham Cowley (1618–1667)
“However patriarchal the world, at home the child knows that his mother is the source of all power. The hand that rocks the cradle rules his world. . . . The son never forgets that he owes his life to his mother, not just the creation of it but the maintenance of it, and that he owes her a debt he cannot conceivably repay, but which she may call in at any time.”
—Frank Pittman (20th century)
“Since wars begin in the minds of men, it is in the minds of men that the defences of peace must be constructed.”
—Constitution of the United Nations Educational, Scientific, and Cultural Organization (UNESCO)