A Health Maintenance Organization (HMO) is a type of insurance that operates as a managed care organization that provides a network of healthcare providers for its members to choose from. This type of insurance is typically based on a fixed monthly or annual fee.
HMO plans typically require members to choose a primary care physician (PCP) who coordinates their care and refers them to specialists when needed. HMO plans also typically have lower out-of-pocket costs for members, but may limit coverage for services outside of the network.
HMOs are designed to provide comprehensive healthcare services to members, including preventive care, diagnostic services, and treatment for illnesses and injuries.
Vim’s solutions are appropriate for all health plans, including HMOs. To learn how Vim’s solutions are leveraged by leading health plans, see our Payers web page.
