What Are the Advantages of a PPO Insurance Plan?
PPO is short for Priority Provider Organization. The PPO represents the interests of the insured, negotiates and bargains with the hospital or doctor about service charges, and ultimately chooses to agree to a reduction in the price of the fee and sign a contract with the hospital or doctor who is willing to accept supervision. PPO pays for services with hospitals and contract doctors, generally reducing prices by about 15%. PPO is popular due to its low insurance premiums and free choice of hospitals and doctors (generally insurers provide 3 hospitals to choose from). Currently, PPO has become the most popular way in the US commercial medical insurance market.
ppo
(Insurance Industry Organization)
Right!
- Chinese name
- Priority Provider Organization
- Foreign name
- preferred provider organization
- English abbreviation
- ppo
- Field
- life
- Industry
- Insurance
- Domestic status
- Dadi Insurance Underwriting Distribution
- PPO is short for Priority Provider Organization. The PPO represents the interests of the insured, negotiates and bargains with the hospital or doctor about service charges, and ultimately chooses to agree to a reduction in the price of the fee and sign a contract with the hospital or doctor who is willing to accept supervision. PPO pays for services with hospitals and contract doctors, generally reducing prices by about 15%. PPO is popular due to its low insurance premiums and free choice of hospitals and doctors (generally insurers provide 3 hospitals to choose from). Currently, PPO has become the most popular way in the US commercial medical insurance market.
- In addition, in the PPO, you can also find recommended doctors, including unplanned, but the price is higher, you have to pay extra costs beyond the plan. As a member you go to a doctor in the PPO plan and pay an additional fee, but your expenses are based on a lower price. Similarly, if you use unplanned services, the price will be higher, and the higher part will be paid by yourself.
- Domestic status
- In China, a PPO insurance plan has been successfully approved. It is underwritten and distributed by Dadi Insurance Company, and the hospitalization expenses of all the top three hospitals in the country are covered by the insurance policy. Pay the hospital, and the insurance company and the hospital settle the bill directly). The medical insurance plan is not only for foreigners in China, but also for domestic people. Different from general medical insurance services, this medical insurance service project is based on a globalized and networked service platform, and more than 5000 hospitals worldwide provide guarantees for this medical insurance service project.