Many employers offer membership in a health maintenance organization (HMO) as a hospital/medical insurance option. The HMO is a medical organization consisting of special (surgeons, psychiatrists, and so on), often operating out of a health care center. It is a prepaid health care system that generally provides routine medical services to employees who pay a nominal fee. Employees often have general practitioner “gatekeeper” doctors who need to approve appointments with specialist doctor. The HMO receives a fixed annual fee per employee from the employer (or employer and employee), regardless of whether it provides that person service.
Health Maintenance Organization (HMO) is a prepaid health care system that generally provides routine round-the-clock medical services as well as preventative medicine in a clinic-type arrangement for employees, who pay a nominal fee in addition to the fixed annual fee the employer pays.
Health maintenance organization (HMO) is a managed care plan that provides comprehensive health-care services to its members for a fixed prepaid fee. HMOs may also have cost-sharing provisions.
Health Maintenance Organization is an organization that provides extensive medical care and services for members, based on a prepaid monthly fee.