Health Maintenance Organizations Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
MRK | C | Merck & Company, Inc. | -1.46 | |
STAA | C | STAAR Surgical Company | -3.18 |
Related Industries: Drug Manufacturers - Major Medical Instruments & Supplies
Related ETFs - A few ETFs which own one or more of the above listed Health Maintenance Organizations stocks.
Symbol | Grade | Name | Weight | |
---|---|---|---|---|
FTXH | C | First Trust Nasdaq Pharmaceuticals ETF | 7.52 | |
XLV | C | SPDR Select Sector Fund - Health Care | 6.2 | |
PJP | C | PowerShares Dynamic Pharmaceuticals | 6.01 | |
PPH | B | Market Vectors Pharmaceutical ETF | 5.97 | |
IYH | C | iShares U.S. Healthcare ETF | 5.89 |
Compare ETFs
- Health Maintenance Organizations
In the United States, a health maintenance organization (HMO) is a medical insurance group that provides health services for a fixed annual fee. It is an organization that provides or arranges managed care for health insurance, self-funded health care benefit plans, individuals, and other entities, acting as a liaison with health care providers (hospitals, doctors, etc.) on a prepaid basis. The Health Maintenance Organization Act of 1973 required employers with 25 or more employees to offer federally certified HMO options if the employer offers traditional healthcare options. Unlike traditional indemnity insurance, an HMO covers care rendered by those doctors and other professionals who have agreed by contract to treat patients in accordance with the HMO's guidelines and restrictions in exchange for a steady stream of customers. HMOs cover emergency care regardless of the health care provider's contracted status.
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