· Explain the difference between a HMO, a PPO, and a POS health insurance plan.

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· HMO

· Health Maintenance Organization

· All medical services must be provided by doctors and hospitals who have a contract with the HMO

· Any care provided outside the HMO is not covered

· PPO

· Preferred Provider Organization

· Medical services are provided at a discounted rate by doctors and hospitals with a contract

· Other care provided is at higher cost but still covered

· POS

· Point of Service

· Blend of the other 2 plans