Managed Care

Managed Care

A Better Alternative to Current HMO, PPO, and POS plans

The insurance market has evolved into a number of different forms. The conventional form of insurance is fee-for service, in which the health care providers are repaid for each service presented. Due to the rapid growth in expenses and costs in the field of health care, insurers have tried out some other forms of insurance as well (Coile, 2000). MCOs or the Managed care organizations are one market reaction to this increase in expenses. These organizations may take a number of forms, HMOs, PPOs and POS plans. Cost savings are ...