What is referred to as a network in health insurance?

In health insurance, the term "network" specifically refers to a group of healthcare providers that have contracted with an insurance plan to offer services to its members at negotiated reduced rates. This network structure allows insurance companies to manage costs and streamline care for policyholders by directing them to specific providers who agree to accept certain payment rates in exchange for a steady stream of patients from the insurer.

When individuals enroll in a health insurance plan with a defined network, they typically receive better benefits and lower out-of-pocket costs if they choose providers within that network. This model encourages the use of particular hospitals, doctors, and specialists, thereby allowing the insurance company to maintain control over expenses and quality of care.

In contrast, the other options relate to different aspects of health insurance but do not accurately define the concept of a network. For instance, online health services or pricing collections are not about the contractual relationships between insurers and providers. Similarly, methods of comparing plans do not describe the underlying structure of how providers are organized and compensated within a health insurance framework.