Managed Care
Plain English Definition: Managed care is a healthcare system designed to control costs and improve care quality through network providers.
What Managed Care really means for someone with an insurance policy
Managed care involves healthcare plans that require policyholders to use specific healthcare providers for lower costs and coordinated care.
Managed Care Real World Examples
- Health Maintenance Organizations (HMOs) limit care to a network of providers.
- Preferred Provider Organizations (PPOs) offer more flexibility but higher costs.
- Managed care plans often require pre-approvals for specialist visits.