Managed care plans

Managed care plans are the plans with wide range of heath services. Here, the patient takes advantage of the network providers and thus, costs less than indemnity plans.

In case of managed care plans, you have not to fill any forms or raise claims, as your payments are settled by the insurance company. You may have to co-pay, which vary from company-to-company.

These plans have lower out-of-pocket expenses till you get the treatment in network providers.

There are three type of managed care plans. These are:
1.POS-Point of Service Plan
2.HMO-Health Maintenance Organization Plan
3.PPO- Preferred Provider Organization Plan