When a group of doctors and hospitals in a designated area contract with an insurer to provide health care at a prearranged figure to the insured, the arrangement is known as

When a group of doctors and hospitals in a designated area contract with an insurer to provide health care at a prearranged figure to the insured, the arrangement is known as

1. Preferred Provider Organization (PPO)
2. Health Maintenance Organization (HMO)
3. Designated Provider Organization (DPO)
4. Professional Service Organization (PSO)

Answer: 1