Home > Term: Point of service (POS)
Point of service (POS)
A health insurance plan in which members do not have to choose how to receive services until they need them. The most common use of the term applies to a plan that enrols each member in both an HMO (or HMO-like) system and an indemnity plan. These plans provide different benefits, depending on whether the member chooses to use plan providers or go outside the plan for services.
- Part of Speech: noun
- Industry/Domain: Health care
- Category: General
- Company: United States Department of Justice
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(London, United Kingdom)