Managed Care health insurance offers low cost moderate health care coverage. The basic concept behind managed health care is to lower cost by means of control, by controlling access to providers the costs are controlled as well. Managed care plans differ in the coverage offered but typically cover the cost of preventative care. Managed health care includes different types of health coverage, which includes Health Maintenance Organization (HMOs), Preferred Provider Plans (PPOs), Medical Savings Plan, and Point of Service Plans (POSs). The costs involved in health care are the monthly health insurance premium, and an either a co-payment, a low or high per visit coinsurance or a percentage of the medical cost depending on whether you’re in-network or out-of-network.
Last Updated On November 15, 2004
By: Erica Millan, Marvel Alder, Tiffany Suh, Lucy Aspera
