Which type of health insurance plan involves a contracted provider network and a focus on preventive care and cost control?

Question

Quizplus · Accepted Answer

Managed care plans involve a contracted provider network that focuses on preventive care and cost control measures. Examples of managed care plans include HMOs, PPOs, and POS plans. Fee-for-service plans (A) pay for services rendered regardless of the provider, while indemnity plans (C) allow patients to see any provider but may have higher out-of-pocket costs. Hospital-owned plans (D) are typically limited to services provided by the specific hospital system.

Which Type of Health Insurance Plan Involves a Contracted Provider