Health Maintenance Organization
A Health Maintenance Organization (HMO) is a type of health insurance plan that provides a network of contracted healthcare providers, including hospitals and doctors, to its members. In an HMO, members typically choose a primary care physician who coordinates their care and refers them to specialists within the network when needed. HMOs often require members to receive all their healthcare services from within the network and may require pre-authorization for certain treatments or procedures. Members typically pay a fixed monthly premium and may have copayments for certain services.