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TeachMeFinance.com - explain Preferred Provider Organization Preferred Provider Organization The term 'Preferred Provider Organization ' as it applies to the area of Medicare in the United States can be defined as ' An M+CO coordinated care plan that: (a) has a network of providers that have agreed to a contractually specified reimbursement for covered benefits with the organization offering the plan; (b) provides for reimbursement for all covered benefits regardless of whether the benefits are provided with the network of providers; and (c) is offered by an organization that is not licensed or organized under State law as an HMO. See Social Security Act Section 1852(e)(2)(D), 42 U.S.C. '139w-22(e)(2)(D)'. Previous 5 Terms: Predominant Wind Pre-Existing Condition Preference Preference customers Preferential trade agreements Next 5 Terms: Preferred Provider Organization (Ppo) Preferred Provider Organization (Ppo) Plan Preferred Risk Policy (PRP) Pre-FIRM Building Pre-Frontal Squall Line About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.