Medicare



Medicare

In the United States, medical care extends to spend an increasing amount of the Gross Domestic Product. To command the increasing charges of health care many commerce have turned to a controlled pattern of financing and consignment of health care--often mentioned to as managed care. Many kinds of managed care live, encompassing favoured provider organizations (PPO), exclusive provider organization (EPO), and health maintenance organizations (HMO). (Keigher 2008)

Medicare and Medicaid are some government insurance plans which increasingly offer managed health options. The Medicare and Medicaid programs financed more than one-third of all personal health care expenditures (PHCE) in 1993. By State, ...