In health insurance in the United States, a preferred provider organization (or PPO, sometimes referred to as a participating provider organization or preferred provider option) is a managed care organization of medical doctors, hospitals, and other health care providers who have covenanted with an insurer or a third-party administrator to provide health care at reduced rates to the insurer's or administrator's clients.
Read more about Preferred Provider Organization: Overview, PPO, EPO
Famous quotes containing the words preferred, provider and/or organization:
“The earlier works of a man of genius are always preferred to the newer ones, in order to prove that he is going down instead of up.”
—Victor Hugo (1802–1885)
“That is the thankless position of the father in the family—the provider for all, and the enemy of all.”
—J. August Strindberg (1849–1912)
“When a man’s partner’s killed, he’s supposed to do something about it. It doesn’t make any difference what you thought of him, he was your partner and you’re supposed to do something about it. As it happens, we’re in the detective business; well, when one of your organization gets killed, it’s, it’s bad business to let the killer get away with it. Bad all around. Bad for every detective everywhere.”
—John Huston (1906–1987)