Preferred Provider Organization Analysis Essay

Exclusively available on Available only on IvyPanda® Made by Human No AI

Preferred provider organization (PPO) is one of the basic dental benefit plans that are adopted to ensure employees’ dental insurance and decreased financial barriers to care. Dental insurance plans are not universal that is why PPO is to make sure that the selected approach is the most suitable one. It is advantageous that this organization is willing to work under contracted fees with various professionals in the sphere because such an approach can provide stakeholders with a range of benefits and ensure stability. The workers have an opportunity to approach any provider they like in the framework of PPO, contracted fees prove that the decision is made not because one of them can provide cheaper treatment but because this professional really appeals to the client and satisfies one’s needs. It is also advantageous that treatment costs depend on the type of completed procedure because dentists will not consider that their work is underestimated and clients will realize the peculiarities of pricing so that there will be fewer misunderstandings and dissatisfaction. Still, it is vital to consider that some dentists may resort to additional interventions and will recommend unneeded treatment just to earn more money. That is why it is vital that PPO hires only trustworthy professionals. Except for this potential issue, the implementation of contracted fees is not likely to cause serious problems. On the contrary, it can reduce costs for both organization and its employees and provide the professionals with the opportunity to be decently paid for provided services. PPO plans are expected to meet an annual maximum of coverage, which can be an obstacle on the way to treatment for some workers. However, the limit is usually enough to meet the needs of the employees (Sherman, 2012).

Preferred provider organization (PPO) plans do not only ensure that professionals are going to provide treatment for contracted fees but also presupposes that some types of interventions will be paid lower than usual. However, it is claimed that such peculiarity does not seem to be a great problem because dentists will obtain an opportunity to increase the reimbursement rate and increase their patient pool. Even though there is evidence of such a tendency, McCluskey (2017) emphasizes that professionals in Massachusetts started to earn less under this initiative. In addition to that, the change is associated with “net income of $14 million on $186 million in revenue in the first nine months of 2016, which was down from net income of $21 million and revenue of $192 million in the same period of 2015” (McCluskey, 2017, A1). Such results presuppose that the needs of the employees and employers seem to be met as they obtain an opportunity to pay less for the received services. However, no balance regarding dentists’ needs and expectations is observed because their wages decrease. In this way, it can be presupposed that financial challenges affect dentist practice when they are poorly adapted. Thus, the benefits of PPO and contracted lower fees can be ensured only if they are properly designed. Organizations need to ensure that they hire efficient professionals and that their services are not underestimated. In addition to that, this plan does not limit the client and allows them to contact other professionals if balance billing is maintained. Thus, employees should be additionally encouraged to resort to those professionals who agreed to cooperate with PPO instead of resorting to another dentist so that those who have a contract can definitely have enough clients.

References

McCluskey, P. (2017). Insurer’s plan gnaws at dentists: Low-cost coverage may affect service, incomes. Boston Globe, 8, A1.

Sherman, G. (2012). Trend worthy of smiles: Lowering dental insurance costs. Benefits Magazine, 49(10), 38-42.

More related papers Related Essay Examples
Cite This paper
You're welcome to use this sample in your assignment. Be sure to cite it correctly

Reference

IvyPanda. (2022, September 18). Preferred Provider Organization Analysis. https://ivypanda.com/essays/preferred-provider-organization-analysis/

Work Cited

"Preferred Provider Organization Analysis." IvyPanda, 18 Sept. 2022, ivypanda.com/essays/preferred-provider-organization-analysis/.

References

IvyPanda. (2022) 'Preferred Provider Organization Analysis'. 18 September.

References

IvyPanda. 2022. "Preferred Provider Organization Analysis." September 18, 2022. https://ivypanda.com/essays/preferred-provider-organization-analysis/.

1. IvyPanda. "Preferred Provider Organization Analysis." September 18, 2022. https://ivypanda.com/essays/preferred-provider-organization-analysis/.


Bibliography


IvyPanda. "Preferred Provider Organization Analysis." September 18, 2022. https://ivypanda.com/essays/preferred-provider-organization-analysis/.

If, for any reason, you believe that this content should not be published on our website, please request its removal.
Updated:
This academic paper example has been carefully picked, checked and refined by our editorial team.
No AI was involved: only quilified experts contributed.
You are free to use it for the following purposes:
  • To find inspiration for your paper and overcome writer’s block
  • As a source of information (ensure proper referencing)
  • As a template for you assignment
Privacy Settings

IvyPanda uses cookies and similar technologies to enhance your experience, enabling functionalities such as:

  • Basic site functions
  • Ensuring secure, safe transactions
  • Secure account login
  • Remembering account, browser, and regional preferences
  • Remembering privacy and security settings
  • Analyzing site traffic and usage
  • Personalized search, content, and recommendations
  • Displaying relevant, targeted ads on and off IvyPanda

Please refer to IvyPanda's Cookies Policy and Privacy Policy for detailed information.

Required Cookies & Technologies
Always active

Certain technologies we use are essential for critical functions such as security and site integrity, account authentication, security and privacy preferences, internal site usage and maintenance data, and ensuring the site operates correctly for browsing and transactions.

Site Customization

Cookies and similar technologies are used to enhance your experience by:

  • Remembering general and regional preferences
  • Personalizing content, search, recommendations, and offers

Some functions, such as personalized recommendations, account preferences, or localization, may not work correctly without these technologies. For more details, please refer to IvyPanda's Cookies Policy.

Personalized Advertising

To enable personalized advertising (such as interest-based ads), we may share your data with our marketing and advertising partners using cookies and other technologies. These partners may have their own information collected about you. Turning off the personalized advertising setting won't stop you from seeing IvyPanda ads, but it may make the ads you see less relevant or more repetitive.

Personalized advertising may be considered a "sale" or "sharing" of the information under California and other state privacy laws, and you may have the right to opt out. Turning off personalized advertising allows you to exercise your right to opt out. Learn more in IvyPanda's Cookies Policy and Privacy Policy.

1 / 1