{"id":112876,"date":"2021-06-16T08:38:09","date_gmt":"2021-06-16T08:38:09","guid":{"rendered":"https:\/\/www.healthbenefitstimes.com\/glossary\/?p=112876"},"modified":"2021-06-16T08:38:09","modified_gmt":"2021-06-16T08:38:09","slug":"preferred-provider-option","status":"publish","type":"post","link":"https:\/\/www.healthbenefitstimes.com\/glossary\/preferred-provider-option\/","title":{"rendered":"Preferred provider option"},"content":{"rendered":"

A form of health care plan in which certain physicians are designated by a third party payer as preferred providers whom the payer has concluded are the most cost-effective. When a beneficiary elects to receive care from these physicians, the physicians’ charges are paid in full\u2014there is no additional charge to the beneficiary. The beneficiary may elect to obtain care from other physicians, but if she does, there is a financial penalty to the beneficiary\u2014she must pay part of the charges.<\/p>\n

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 <\/p>\n","protected":false},"excerpt":{"rendered":"

A form of health care plan in which certain physicians are designated by a third party payer as preferred providers whom the payer has concluded are the most cost-effective. When a beneficiary elects to receive care from these physicians, the physicians’ charges are paid in full\u2014there is no additional charge to the beneficiary. The beneficiary […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-112876","post","type-post","status-publish","format-standard","hentry","category-p"],"yoast_head":"\nPreferred provider option - Definition of Preferred provider option<\/title>\n<meta name=\"description\" content=\"A form of health care plan in which certain physicians are designated by a third party payer as preferred providers whom the payer has concluded are the most cost-effective. When a beneficiary elects to receive care from these physicians, the physicians' charges are paid in full\u2014there is no additional charge to the beneficiary. The beneficiary may elect to obtain care from other physicians, but if she does, there is a financial penalty to the beneficiary\u2014she must pay part of the charges.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.healthbenefitstimes.com\/glossary\/preferred-provider-option\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Preferred provider option - Definition of Preferred provider option\" \/>\n<meta property=\"og:description\" content=\"A form of health care plan in which certain physicians are designated by a third party payer as preferred providers whom the payer has concluded are the most cost-effective. 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