preferred provider organization
noun/prɪˌfɜːd prəˈvaɪdər ɔːɡənaɪzeɪʃn/
/prɪˌfɜːrd prəˈvaɪdər ɔːrɡənəzeɪʃn/
(abbreviation PPO)
- (in the US) a special type of health maintenance organization (HMO) which provides health insurance for groups. Companies often pay most of the cost for their employees.
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preferred provider organization