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

Merit Pay

What is Merit Pay?   ‘Merit Pay’ refers to a payment mode in which the employees’ compensation is based on their performance in the workplace.

Human Resource Outsourcing

What is Human Resource Outsourcing?   ‘Human Resource Outsourcing’ is the term that signifies the practice of taking the help of a third party to

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