preferred provider organization
noun🔊/prɪˌfɜːd prəˈvaɪdər ɔːɡənaɪzeɪʃn/
🔊/prɪˌfɜːrd prəˈvaɪdər ɔːrɡənəzeɪʃn/
(abbreviation PPO)
(in the US 美国 a special type of health maintenance organization (HMO) which provides health insurance for groups. Companies often pay most of the cost for their employees.