Although healthcare is ever changing there are two basic insurance plan features offered at most jobs. This includes Health Maintenance Organization (HMO) and Preferred Provider Organization (PPO). Beginning with HMO; these plans are an alternative to traditional insurance programs. The HMO consists of a medical center or a designated group of providers that provides medical services to people who are covered on the insurance policy for a fixed monthly or annual premium. Typically the person usually has a very small or no copayment at all when services are needed. PPO plans contract with physicians and facilities to perform services for PPO plan members at specified rates determined contractually and are adjusted so that the PPO member is charged
