Preferre d Provider Organization (PPO)

The article may contain affiliate links from one or more partners. Learn how we make money to continue our financial wellness mission.

A type of plan in which physicians, hospitals, and other providers agree to discount rates for an insurance company. These providers are part of the PPO´s network. Insurance contracts with PPO provisions reimburse at a higher percentage if you use providers in the network. If you go to providers outside the PPO´s network, you will have to pay more for your care.