1. Christopher LawrencePRO
    Insurance Broker | Financial Consultant, Lawrence Insurance Consulting, Southern New Jersey
    A POS plan is an "HMO/PPO" hybrid; sometimes referred to as an "open-ended" HMO when offered by an HMO. POS plans resemble HMOs for in-network services. Services received outside of the network are usually reimbursed in a manner similar to conventional indemnity plans (e.g., provider reimbursement based on a fee schedule or usual, customary and reasonable charges).
    Answered on October 30, 2013
  2. Jeff DavisPRO
    Financial Advisor, Lordship Investments, California
    POS stands for "Point of Service." Depending on which type of health insurance policy you have you may find that there are two types of point of service. One is the Point of Service your policy requires you to go to when you need medical attention. HMO's were designed with providing set locations for clients to get service. There are some PPO plans that function in the same way. Then there is the Point of Service where you went for medical attention outside of your preset coverage area. Ask you agent when purchasing a health insurance policy.
    Answered on June 22, 2013

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