Health Care Acronyms

Thanks for sharing this!

Say this fast: HMO, PPO, PFFS, MSA, FFS.

If the acronyms make sense, you’ve done your health care homework, and you know they represent health care plans. If they’re not yet familiar to you, brace yourself. Whether you’re helping a family member find a health care plan, looking for one for yourself, or on Medicare and thinking of changing plans, you’re likely to encounter all these initials, and more.

The following summary may help you keep them straight.

HMO (Health Maintenance Organization). Your primary care physician provides routine care and makes referrals to network specialists.

PPO (Preferred Provider Organization). No primary care physician is required. You may choose any doctor or hospital, but you’ll pay more for services by non-network providers.

PFFS (Private Fee For Service). You can choose any doctor or hospital that accepts Medicare as long as the doctor or hospital also accepts the private plan’s terms and conditions.

MSA (Medical Savings Account). You may also know these as Health Savings Accounts (HSAs). The plan has a high deductible combined with a savings account that can be used for medical expenses. Medicare’s 2007 Handbook states they may be offered in 2007, but some states already offer them.

FFS (Fee For Service). The original Medicare plan allows you to use any doctor or hospital of your choice as long as they accept Medicare.

HMO, PPO and PFFS plans are also available for those under 65 and not on Medicare. Premiums, co-payments, deductibles and services vary with each insurance company.

To find the best plan for you or a loved one, go to seminars, call Medicare, check the Internet—and sort it all out before you put your own initials on the dotted line.

You might also like these posts

Article – Preparing for Hurricane Season The Atlantic hurricane season begins June 1. While the 2014 season is expected to be a mild one, mild doesn’t mean storm-free. Getting ready early...
Article — Locked Out What’s on your computer? Your manuscripts? Work? Photos? What would you do if you were denied access to those files—if you were locked out by rogu...
Article — Tax Identity Theft Awareness Week Taxes are scary enough, without adding tax identity theft to the mix. The costs—$3.6 billion a year according to an estimate by the US Treasury In...

We write. Visit us in Carpenter Country, a magical place that, like our stories, is unreal but not untrue.

Tagged with: ,