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What is a PPO?
PREFERRED PROVIDER ORGANIZATION
ANGELA CARRIER, PRINCIPAL OF FINANCIAL & BENEFIT SERVICES COMPANY
Preferred Provider Organization (PPO)
 With a PPO plan, employees are encouraged to use a
network of preferred doctors and hospitals.
 These providers are contracted to provide service to
plan members at a negotiated or discounted rate.
 Employees generally aren't required to designate a
primary care physician, but will have the choice to see
any doctors or specialists within the plans network.
PPO Deductible & Copay
 Employees have an annual deductible they'll be required to
meet before the insurance company begins covering their
medical bills.
 They may also have a copayment for certain services or a
co-insurance where they're responsible for a percentage of
the total charges of their medical expenses.
 With a PPO, services rendered outside of the network may
result in a higher out-of-pocket cost.
Who Would Like the PPO Option?
 A PPO may be a good option for Individuals/families or your
small business if your employees:
 Need flexibility when choosing physicians and other
providers
 Want the burden of obtaining a referral to see a specialist
 Like the balance of greater provider choice versus lower
premiums
With a PPO You May Have:
 Premium: This is the cost you pay each month for insurance.
 Deductible: Some PPOs may have a deductible. You will likely have to
pay a higher deductible if you see an out-of-network doctor.
 Copay or coinsurance: A copay is a flat fee, such as $10, that you pay
when you get care. Coinsurance is when you pay a percent of the charges
for care, for example 20%.
 Other costs: If your out-of-network doctor charges more than others in
the area do, you may have to pay the balance after your insurance pays
its share.
What About
Paperwork?
 THERE'S LITTLE TO NO
PAPERWORK WITH A PPO IF
YOU SEE AN IN-NETWORK
DOCTOR.
 IF YOU USE AN OUT-OF-
NETWORK PROVIDER, YOU'LL
HAVE TO PAY THE PROVIDER.
 THEN YOU HAVE TO FILE A
CLAIM TO GET THE PPO PLAN
TO PAY YOU BACK.
“
”
To learn more about a new plan or review of your
existing plan give me a call!
Angela Carrier, Principal
Financial & Benefit Services Company
Email: acarrier@financialandbenefitservices.com
Cell: 724-941-8772

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What is a Preferred Provider Network? (PPO)

  • 1. What is a PPO? PREFERRED PROVIDER ORGANIZATION ANGELA CARRIER, PRINCIPAL OF FINANCIAL & BENEFIT SERVICES COMPANY
  • 2. Preferred Provider Organization (PPO)  With a PPO plan, employees are encouraged to use a network of preferred doctors and hospitals.  These providers are contracted to provide service to plan members at a negotiated or discounted rate.  Employees generally aren't required to designate a primary care physician, but will have the choice to see any doctors or specialists within the plans network.
  • 3. PPO Deductible & Copay  Employees have an annual deductible they'll be required to meet before the insurance company begins covering their medical bills.  They may also have a copayment for certain services or a co-insurance where they're responsible for a percentage of the total charges of their medical expenses.  With a PPO, services rendered outside of the network may result in a higher out-of-pocket cost.
  • 4. Who Would Like the PPO Option?  A PPO may be a good option for Individuals/families or your small business if your employees:  Need flexibility when choosing physicians and other providers  Want the burden of obtaining a referral to see a specialist  Like the balance of greater provider choice versus lower premiums
  • 5. With a PPO You May Have:  Premium: This is the cost you pay each month for insurance.  Deductible: Some PPOs may have a deductible. You will likely have to pay a higher deductible if you see an out-of-network doctor.  Copay or coinsurance: A copay is a flat fee, such as $10, that you pay when you get care. Coinsurance is when you pay a percent of the charges for care, for example 20%.  Other costs: If your out-of-network doctor charges more than others in the area do, you may have to pay the balance after your insurance pays its share.
  • 6. What About Paperwork?  THERE'S LITTLE TO NO PAPERWORK WITH A PPO IF YOU SEE AN IN-NETWORK DOCTOR.  IF YOU USE AN OUT-OF- NETWORK PROVIDER, YOU'LL HAVE TO PAY THE PROVIDER.  THEN YOU HAVE TO FILE A CLAIM TO GET THE PPO PLAN TO PAY YOU BACK.
  • 7. “ ” To learn more about a new plan or review of your existing plan give me a call! Angela Carrier, Principal Financial & Benefit Services Company Email: acarrier@financialandbenefitservices.com Cell: 724-941-8772