How Do You Put Together An Employee PPO Health Insurance Plan?
A preferred provider organization (PPO) combines traditional fee-for-service coverage and an HMO, which is a type of prepaid insurance. A PPO typically lets your employee choose his own doctor and specialists while paying a higher out-of-pocket cost due to deductibles. When you put together a PPO health insurance plan for your office, you should weigh the costs for you and your employees. Talk to your employees before you put together a plan and see what their expectations are for health insurance. Research different PPOs to determine what the copays and deductibles will be. Larger companies may be able to offer different levels of PPOs. You can start your PPO research at DukeJournals.org (see Resources below). Put together health coverage that offers the most services for your premium. With a PPO, the premiums range from extremely low to drastically high. A plan can be custom designed for your group. Research the insurance carrier offering you a PPO to make sure it is reputable and pa
