Question

What is the purpose of a "Preferred Provider Network (PPN)" in health insurance?

a.

To charge higher fees to insured patients

b.

To limit access to healthcare services

c.

To ensure quality treatment and competitive rates

d.

To offer exclusive benefits to the insurer's employees

Posted under IC38 Life Insurance Agent Exam

Answer: (c).To ensure quality treatment and competitive rates Explanation:Preferred Provider Networks are created by insurers to ensure quality treatment and competitive rates by selecting a limited group of hospitals based on experience, utilization, and cost.

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Q. What is the purpose of a "Preferred Provider Network (PPN)" in health insurance?
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