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11 Cards in this Set

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PPO

Participating provider organization (or preferred provider option) is a managed care organization of medical doctors, hospitals, and other health care providers who have agreed with an insurer or a third-party administrator to provide health care at reduced rates to the insurer's or administrator's clients. When using out-of-network providers, PPO members are reimbursed at a reduced rate.

HMO

Health maintenance organization. Most common type of MCO. With an HMO plan, you must choose a Primary Care Physician (PCP) from a network of local healthcare providers who will refer you to in-network specialists or hospitals when necessary. All your care is coordinated through that PCP. Most common MCO.

NCQA

The National Committee for Quality Assurance is an independent non-profit organization in the United States that works to improve health care quality through the administration of evidence-based standards, measures, programs, and accreditation.

JCAHO

Joint Commission on Accreditation of Healthcare Organizations is the oldest and largest accrediting body and is best known for accrediting hospitals and home health agencies.

MCO

A managed care organization (MCO) is a health care provider or a group or organization of medical service providers who offers managed care health plans. Gov't doesn't require MCOs to be accredited, but NCQA is the most prominent accrediting body for MCOs.

PHP

Pre-paid health plan

HI

Hospital Insurance- Medicare Part A

SMI

Supplemental Medical Insurance- Medicare Part B

Medicare

First implemented in 1966 - Federal insurance provided to ppl older than 65 years old

Medigap

Private insurance that pays most of the services not covered by Medicare A and B

EPO plans

EPO plans combine the flexibility of PPO plans with the cost-savings of HMO plans. You won't need to choose a primary care physician, and you don't need referrals to see a specialist.But you'll have a limited network of doctors and hospitals to choose from. EPO plans don't cover care outside your network unless it's an emergency.