Health maintenance organization
Term · Economic statistics · MLC-T-ECS-000861
Health plan provider that assumes both the financial risks associated with offering comprehensive medical services and the responsibility for delivering healthcare in a particular geographic area, usually in return for a fixed, prepaid fee from members.
Note: HMOs emphasize preventive care and cover most types of care in full or subject to a copayment. Traditional HMOs provides no benefits for services obtained outside the network. Open-access HMOs allow enrollees to receive services from a non-network provider at a higher cost than the enrollee would pay at a network provider.
| Identifier | MLC-T-ECS-000861 |
|---|---|
| Field | Economic statistics |
| Abbreviation | HMO |
| References | BLS Glossary |
Record as JSON
{
"id": "MLC-T-ECS-000861",
"term": "Health maintenance organization",
"field": "Economic statistics",
"definition": "Health plan provider that assumes both the financial risks associated with offering comprehensive medical services and the responsibility for delivering healthcare in a particular geographic area, usually in return for a fixed, prepaid fee from members.\n\nNote: HMOs emphasize preventive care and cover most types of care in full or subject to a copayment. Traditional HMOs provides no benefits for services obtained outside the network. Open-access HMOs allow enrollees to receive services from a non-network provider at a higher cost than the enrollee would pay at a network provider.",
"abbreviation": "HMO",
"references": [
"BLS Glossary"
],
"url": "https://mlchart.com/terminology/economic-statistics/health-maintenance-organization/"
}
Record 848 of 2,141 in Economic statistics terminology (MLC-0116). Request the full dataset.