what does HMO and PPO acronym stand for? In Medical Insurance terms?
Whаt dοеѕ HMO аnd PPO stand fοr іn Medical Insurance terms аnd acronyms?
Thank уου.
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HMO means Health Maintance Organization and PPO means Prefered Provider Organization. Both types enter into contracts with providers of health care services to provide treatment. HMO also employee some of the providers.
PPO: Preferred Provider Organization
HMO: Health Maintenace Organization