Which of the following describes the result of the wide institution of managed care plans in 1994?
A) It slowed spending but costs continued to grow.
B) It slowed spending and costs started to decreased.
C) It hurried spending and costs started to decreased.
D) It hurried spending and costs started to rapidly increase.

Question

Quizplus · Accepted Answer

The wide institution of managed care plans in 1994 did slow down spending on healthcare, but costs continued to grow. While managed care plans were successful in controlling some healthcare costs, they also faced criticism for limiting patient choice and potentially compromising the quality of care. Therefore, while the result was positive in some regards, it did not lead to an overall decrease in costs.

Which of the Following Describes the Result of the Wide