What Is the Main Difference Between HMOs and PPOs

question 115

Multiple Choice

What is the main difference between HMOs and PPOs?

• A) HMOs require substantially more out-of-pocket contributions.
• B) PPOs require patients to provide significant collateral before scheduling a surgical procedure.
• C) PPOs give patients relative freedom to choose doctors and hospitals,while HMOs assign a primary care physician.
• D) Only HMOs place a lifetime cap on the amount of payments made on behalf of a patient.
• E) They are identical in practice.Like other monopolistic competitors,insurance companies seek differentiation through product naming.

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