What is Managed Care?
Managed care refers to a healthcare option in which the provider manages the care of the individual for a fixed fee, emphasizing wellness and prevention rather than the cure.
Managed care definition
Managed care refers to a healthcare option in which the provider manages the care of the individual for a fixed fee, emphasizing wellness and prevention rather than the cure. The goal of managed care is to provide better quality healthcare at lesser costs.
Managed care uses a network of established medical resources to provide care, including regular doctors and facilities.
Managed care program types
1. Health maintenance organization (HMO): where users pay the monthly amount to become members and get a primary care physician who takes care of their regular health care.
2. Preferred provider organization (PPO): where users pay for health care at a discounted rate if they're clients of the insurance companies which are contracted to the health provider organization.
3. Point of service (POS): where users use both features of HMO and PPO combined.