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

Code of Ethics

What is Code of Ethics?   ‘Code of Ethics’ refers to the set of rules that dictate how ethically business is conducted by an organization.

Management Styles

What are Management Styles?   ‘Management Styles’ refer to the way the managers handle and manage the employees working under them by showcasing their leadership

Layoff

What is Layoff?   Layoff is a temporary or permanent termination of a job for one or more employees due to operational or financial reasons

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