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

Bargaining Representative

What is Bargaining Representative ?    A ‘Bargaining Representative’ is a mediator, who bargains for the employee in case of any kind of enterprise-level disputes

Bureaucratic Inertia

What is Bureaucratic Inertia ?    A company is said to attain ‘Bureaucratic Inertia’ when its core working principles shift from overall growth to maintenance

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