Managed care

Managed care

A health care practice intended to streamline services and provide high quality, cost-effective care.

Contributors in Managed care

Managed care

A life or health insurance company employee who manages one of the company’s branch offices. The branch manager is in charge of all activities of the branch office and is responsible for hiring and ...

salary allotment insurance

Health care; Managed care

A life or health insurance plan arrangement for employees with an employer whereby regular forms of insurance are sold individually to employees on a payroll allotment basis, with premiums deducted ...

prospective reserve

Health care; Managed care

A life or health insurance reserve computed as the present value of assumed future claims minus the present value of net premiums, both values computed on the basis of assumed rates of interest.

cap

Health care; Managed care

A limit placed on the number of dollars that a health plan will pay in a specified period of time.

hospitalization policy

Health care; Managed care

A limited health insurance policy that provides payment only in the event hospital expenses are incurred. If such a policy pays first-dollar benefits but has relatively low limits, it is called a ...