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 network of providers and emphasize preventive care and cost control measures, such as requiring approval for certain medical procedures and treatments. Fee-for-service plans allow patients to see any provider and typically do not focus on preventive care or cost control. Indemnity plans provide reimbursement for medical expenses regardless of the provider or service, while hospital-owned plans are typically limited to a specific healthcare system.

Which Type of Health Insurance Plan Involves a Contracted Provider