Managed care

Managed care

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

Industry: Health care

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Managed care

dread disease insurance

Health care; Managed care

A health insurance policy that protects against medical expenses resulting from a certain dreaded disease, such as cancer.

named peril policy

Health care; Managed care

A health insurance policy, such as cancer, where named perils are listed.

coinsurance (percentage participation)

A health insurance principle under which the company insures only part of the potential loss, with the insured paying the other part. For instance, in a major medical policy, the company may agree to ...

recurrent hospitalization provision

Health care; Managed care

A health insurance provision that specifies a period of time (usually 6 months) during which the recurrence of a disability from an accident or sickness is considered a continuation of the prior ...

health plan purchasing cooperative (HPPC)

Health care; Managed care

A health insurance purchasing entity advanced by some health system reform proposals to enroll individuals, collect premiums, purchase enrollees’ insurance from participating health plans, and ...

managed competition

Health care; Managed care

A health insurance system that bands together employers, labor groups, and others to create insurance purchasing groups; employers and other collective purchasers would make a specified contribution ...

net profits

Health care; Managed care

A health insurance term broadly used to describe only the profits remaining aft er including all earnings and other income or profit and aft er deducting all expenses and charges of every character, ...