There are three common types of managed care plans: Health Maintenance Organizations (HMO), Preferred Provider Organizations (PPOs), and Point-of-Service (POS). One of the upsides to managed care is that many health insurance plans operate with the use of a wide range of physicians and specialists who are connected with the insurance provider’s network.
Health Maintenance Organization (HMO) is a company that provides health care plans. It provides medical care from an approved network of hospitals, doctors and pharmacies. In this plan, the patient will need to pay