Point of Service Plan

Definition

  • A type of health insurance plan that provides managed care in a method that combines the healthcare features found in both health maintenance organizations (HMO) and preferred provider organizations (PPO). A point of service plan (also known as a POS plan) gives the policyholder the option to choose which service to use when the time comes.

Synonyms
POS plan

Alternate Spellings
POS Plan

Related Terms and Acronyms

  • Case Management Definition,
    • A system where medical services and patient treatments are coordinated by a case manager.
  • Concurrent Periods Definition,
    • When a patient requires treatment for more than one ailment at a time, all insurance benefits are paid together.
  • Gatekeeper Definition,
    • In relation to health maintenance organizations, a gatekeeper is a primary care physician that arranges medical care for policyholders.
  • Group Health Insurance Plan Definition,
    • Health insurance that covers a large group of people, often as part as a employee benefit package.
  • Health Insurance (HI) Acronym,
    • Insurance that covers the costs of medical expenses for insured persons.
  • Health Maintenance Organization (HMO) Acronym, Important,
    • A healthcare plan where insured people receive reasonably priced health insurance through an organization with firm guidelines on the scope of care.
  • High Deductible Health Plan (HDHP) Acronym,
    • Health plans with high deductibles and low premiums.
  • Preferred Provider Organization (PPO) Acronym,
    • A health care program that gives its members a level of freedom and independence when choosing health care options.
  • Primary Care Physician Definition,
    • A doctor who administers or arranges the majority of an individual's health care needs.
  • Successive Periods Definition,
    • When multiple hospital stays are considered as one when the stays are a result of, or are related to, a single medical condition.
  • Universal Healthcare Definition,
    • A system for providing healthcare free to patients at point of use.
  • Usual, Customary and Reasonable Fees Definition,
    • The expected cost of a medical treatment, and what an insurance company is willing to pay.
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