Any system that controls costs through closely monitoring the decisions of health care providers is known as

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Managed care is a system that controls costs through closely monitoring the decisions of health care providers. It involves an organization or group of providers that negotiates with insurance companies or other payers to provide their services to patients at a lower cost in exchange for a larger patient pool or other incentives. This system is designed to encourage providers to make decisions based on cost-effectiveness and quality of care, as opposed to more expensive or unnecessary treatments. Choices A, B, C, and E are not accurate descriptions of managed care.

Any System That Controls Costs Through Closely Monitoring the Decisions