Why are the premiums for a PPO health insurance plan generally more expensive than those for an HMO Health Insurance Plan?

Business

2 answers:

kkurt [141]2 years ago

7 0

Answer:

A. PPO insurance plans offer a wider choice of primary care doctors and specialists.

Explanation:

Ira Lisetskai [31]2 years ago

4 0

The correct answer is A. PPO insurance plans offer a wider choice of primary care doctors and specialists.

Explanation:

Different from Health Maintenance Organization plans (HMO), a Preferred Provider Organization plan (PPO) is more flexible and allows patients to have more options to choose. This occurs because in PPO patients are not limited to doctors or specialists within a specific network for care but they can see doctors outside the network. Also, patients can choose specialists without a referral.

Due to these advantages, PPO insurance plans are related to higher monthly premiums which means these plans are more expensive. According to this, the main reason premiums for a PPO health insurance plans are more expensive is that "PPO insurance plans offer a wider choice of primary care doctors and specialists".

You might be interested in

Lauren makes $150 a day as a bank clerk. she takes two days off work without pay to fly to another city to attend the concert of

Juli2301 [7.4K]

The two days Lauren doesn't receive pay would be $150 × 2 = $300
Add on the cost of transportation & lodging: $300 + $250 = $550
Finally, add the cost of the concert ticket: $550 + $50 = $600

The opportunity cost of Lauren's decision to attend the concert is $600.

8 0

2 years ago

Karla starts her speech by saying, “Many of you know that I work closely with the AIDS Alliance agency in our city. You may also

Drupady [299]

Answer:

The correct answer is "startling statement"

Explanation:

A startling statement is an exponential declaration, that nobody expected and leaves everyone who hears, surprised.

7 0

2 years ago

The project management plan is the output of the planning process of project _____. a. scope management b. procurement managemen

Luden [163]

Hola lo siento no te entiendo

3 0

3 years ago

Before year-end adjusting entries, Marigold Corp.'s account balances at December 31, 2020, for accounts receivable and the relat

svetlana [45]

Answer:

$1,302,000

Explanation:

To calculate the net realizable value of accounts receivable we have to subtract the value of accounts receivables aging report from total accounts receivable = $1,430,000 - $128,000 = $1,302,000

The accounts receivables aging report lists unpaid clients' invoices and unused credit memos.

4 0

2 years ago

What a major economic decision that each society has to think about and decide upon

lapo4ka [179]

Society must choose what to produce based on its needs. Because we live in a world of relatively scarce resources, we have to make wise economic decisions.

I hope this helps a lil

8 0

3 years ago