Medical costs can be monitored and reduced by using restrictions and market system alternatives. Which of the following is a system associated with these approaches?

Question

Quizplus · Accepted Answer

Managed care is a system that utilizes restrictions and market system alternatives to monitor and reduce medical costs. It involves a network of healthcare providers who work together to provide quality care at an affordable price. This system may include utilization review programs, cost controls, and other measures to manage healthcare costs. Monitored health plans and medical option plans are not well-defined systems associated with these approaches, while medical review programs are typically a component of managed care.

Medical Costs Can Be Monitored and Reduced by Using Restrictions