Managed Care: HMO Or Health Maintenance Organization

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Managed Care plans are also known as prepaid health care plans. Managed healthcare plans strive to deliver high-quality healthcare, while controlling cost. Services and fees are negotiated with healthcare providers and facilities to provide access to otherwise expensive healthcare services to patients. Services under listed within the Managed Care plan monitored continuously to ensure that all services are provided in the most cost effective manner. An HMO or Health Maintenance Organization is an example of a Managed Care Plan. In an HMO, a patient pays a monthly premium and only has access to doctors, hospitals, and other healthcare providers that are within the HMO network. To participate in an HMO, the individual must pay a monthly premium,

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