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.

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Downshifting

What is Downshifting?   ‘Downshifting’ refers to the slowing down of the pace of life as one begins to appreciate the finer things in life.

Lockstep Compensation

What is Lockstep Compensation ?    ‘Lockstep Compensation’ refers to the practice of compensating employees based on their seniority or rank in the organization. No

Customised Employment

What is Customised Employment ? ‘Customised Employment’ is the term used to tweak and change the employment contract to appease both the employer and the

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