1. 15645 POINTS
    Edward HarrisPRO
    Owner, Best Health And Car Insurance Rates - Instant Online Quotes, US
    PPO is a "Preferred Provider Organization," which is a network of doctors, hospitals and other facilities that will offer their services at contractually lower prices to members affiliated with them. Often the discounts are substantial which saves individuals and families hundreds or thousands of dollars.

    It is a medical care arrangement where the insurers may pay a fee to become part of the actual Network. However, since their charges for procedures and other treatment is reduced, they may gain market share by writing more policies.

    Most major health insurers offer many PPO plans that help keep premiums low, while providing top-notch treatment and service.
    Answered on May 1, 2013
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