The first private, managed care plans were introduced in the

Name: The first private, managed care plans were introduced in the
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The first private, managed care plans were introduced in the 1970s. This was a response to rising healthcare costs and an increasing need for cost containment. The HMO Act of 1973 provided federal funding and support for the development of health maintenance organizations (HMOs), which were one type of managed care plan.

The First Private, Managed Care Plans Were Introduced in the