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
Tuesday, January 26, 2010
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A brief and well written note on managed care plans. There is hardly any awareness of health insurance in India, so I will not be surprized if not too many people know about managed care plans. This post explains it just rightly. I am sure this step in spreading such awareness will help.
ReplyDeleteGood way of spreading awareness.....
ReplyDeletetrue.....i also agree
ReplyDeletesame here... good info.. and well writen...
ReplyDeletegood information shared.
ReplyDelete