Insurance PPO's Is It Possible Term Paper

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If a patient who approaches the doctor is subjected to a deductible for going outside the PPO network, then the cost incurred would be applied to the deductible. If this amount were to satisfy the deductible, then the rest would automatically be reimbursed, and this would be done at the out of network benefits plan. All insurance companies would require a valid prescription from the attending physician, along with explanations about the necessity of the plan, before they would reimburse the amount agreed upon. The patient receipt and the prescription must both be produced when the individual is billing for health care insurance under the PPO. If the insurer is a government employee, then his PPO insurance may not be able to cover this particular procedure. (Health Insurance Coverage, are the scans covered by my insurance?)

The typical costs for this type of relatively new form of insurance known as PPO are in effect meant to cover the lower costs of managed care, with the large number of choices that are available in a health insurance plan. On a cost scale, the PPO would lie between an HMO, and a pure fee for service plan. A fixed monthly premium is paid, and in return, the company would provide health care and other related benefits to the person who has adopted this plan. In addition, whenever there is a need for medical care and attention, one can decide between a higher costing indemnity plan, with complete freedom of choice, and a lower costing HMO that would restrict one's freedom of choice to within a network. A PPO can be said to be the most expensive type of a managed care plan available today, and these costs may be for co-insurance, or for co payment, which are definite additions to the payments that are generally paid on an average under any other health insurance plan. (PPO, the Preferred Provider Organization)

PPO plan has several advantages as well as disadvantages.

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Some of the advantages are that the total health care costs become significantly lowered when using a PPO plan, in a network, and one has the freedom of choice to consult any type of specialist physician, including someone who is not within the network. In addition, seeing a primary care physician is not at all required, and this gives the individual more freedom. However, there are certain disadvantages, and some of them are that in a PPO plan, one would have to pay co-payments, which are at times larger than with other managed care plans, and one would have to pay more for one's treatment if it comes outside the network of the PPO plan. If the care is basically non-network, then one would have to do the paperwork oneself, but at the same time, the out of pocket costs per year are limited and restricted. There may be a need to satisfy a deductible, but this is nothing when compared to the benefits and advantages of the PPO plan. However, when and also before making a choice about the perfect health insurance plan, one must perforce educate oneself before making a final decision. The PPO would be a safe bet for anyone who would want a health insurance plan for himself and for his family, at an average cost. (PPO, the Preferred Provider Organization).....

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