Managed Care

What is Managed Care?

 

‘Managed Care’ refers to the healthcare option provided by the companies which manage the healthcare of the employees with the goal of preventing any disease from affecting them rather than spending time and effort on curing it.

 

Managed care generally works closely with hospitals and doctors to conduct regular health check-ups for employees. Similarly, they might also provide incentives to the doctors and the employees to conduct these check-ups.

 

There have been criticisms that the overall benefits of managed care are diminished by the fact that it has failed to control the medical costs of the individuals covered under the care.

More HR Terms

Employee-driven Idea System

What is Employee-driven Idea System?   An ‘Employee-driven Idea System’ is a system where the employees are encouraged and incentivised to come up with ideas

Scheduled Time-off (Planned Leave)

What is Scheduled Time-off (Planned Leave) ?   ‘Scheduled Time-off’ or ‘Planned Leave’ refers to those kinds of leaves which have been pre-informed and approved

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