Hello my name is Vic Schumacher. The company
is HPE Financial Services where we’re helping people everyday. I understand that you’re
trying to understand what a PPO is. First of all, PPO stands for preferred provider
organization. This is a type of organization where doctors and hospitals in the medical
field come together and they work with people, individuals who come to them, who belong to
this group; who belong to the PPO group. These doctors and hospitals also work in private
sectors. They have their own prices for what they do if you don’t belong to that particular
network. But a PPO is nothing more than an organization; a group membership type of approach.
To go along with that, there’s an HMO. An HMO stands for health maintenance organization.
Insurance carriers will offer either an HMO or a PPO. With a HMO most of those providers
desire to work on preventive maintenance types of approach. Compared to “I’m sick, I go to
the hospital.”; “I’m sick, I go to the doctor.” Preventative maintenance tries to make sure
that you don’t get sick. Two different approaches; two different concepts. My name is Vic Schumacher,
the company is HPE Financial Services, helping people everyday.