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

Revenge Quitting

Revenge Quitting refers to a rising trend, where employees abruptly quit, as a way to get even with their company, against perceived workplace mistreatment.  

Workplace Change Agent

In the new tech era, the world marketplace changes its business aspects dynamically. New technology is replacing the old and fragmented one. Hence, as the

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