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Managed care plans have become the dominant form of health coverage over the past several decades. The most common example of managed care is the closed health maintenance organization (HMO), which provides full reimbursement for services obtained within the network of approved doctors and hospitals.

Managed care companies have agreements with certain doctors, hospitals, and health care providers to offer a range of services to plan members at reduced cost. Essentially, financial incentives are used to discourage plan members from straying beyond the plan network.

Managed

Care Plans

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