Asked by Jaylin Johnson on Jun 12, 2024

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Some insurance companies have teamed with hospitals and doctors to provide discounts for their services. The lists of cooperating doctors and hospitals are known as

A) health maintenance organizations.
B) preferred provider organizations.
C) diagnosis-related groups.
D) health alliances.

Insurance Companies

Businesses that provide coverage against financial loss from specified risks in exchange for premiums.

Cooperating Doctors

Doctors who work together or with other healthcare professionals and organizations to provide coordinated and comprehensive care.

Health Maintenance Organizations

Managed care organizations that provide a wide range of healthcare services to enrolled members for a fixed, prepaid fee.

  • Identify the distinctions between Preferred Provider Organizations (PPOs) and Health Maintenance Organizations (HMOs).
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Victoria DonofrioJun 15, 2024
Final Answer :
B
Explanation :
Preferred Provider Organizations (PPOs) are networks of doctors and hospitals that agree to provide medical services to insurance policyholders at discounted rates, which is the arrangement described.