123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Insurance >> View Article

Health Insurance Helps With Managed Care

Profile Picture
By Author: Andy Smith
Total Articles: 13
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Managed care is one of the new terms which people are listening in India. Managed care is not just a term used, but it is a system which has been designed to reduce the cost of increasing health care and health insurance system in India. Managed care is ideally suited to Indian conditions more than anything else due to the lack of world class health care services and due to the higher cost of conventional medical treatments.

Managed care intends to surpass unnecessary costs involved in conventional health care in the form of incentives to physicians and patients who adopt alternate medical treatments, increase in cost sharing of beneficiaries, decrease in the inpatient admissions and unnecessary stay in the hospitals, cost sharing for outpatient surgery, contracts with low cost health care providers, etc and many more. All these incentives are being provided under managed health care systems which are being introduced in India after the system’s success in western countries.

The main intention of introducing such a system ...
... into health care system is to cut down the cost of delivering health care and at the same time to increase the quantity and quality of health care system. This system has been introduced to tackle the issue of rising costs of health care in India in the past few years.

Lately, medical insurance companies have been recognizing alternate schools of medicine and they have started encouraging such schools of thought such as Ayurveda, Unani, Homeopathy, Siddha, Aromatherapy, etc through their health insurance and mediclaims programs. By encouraging these alternate medical practices, they intend to bring down the number of claims. It is believed that by introducing managed care into the health care and health insurance sectors, they can in fact, bring down the number of claims by around 10% to 30% in the coming few years.

On the other hand, there have also been critics for managed care introduction in India. They argue that with the introduction of managed care and encouragement being given to doctors and medical practitioners to introduce alternate treatments can be a dangerous move because of the lack of proper diagnostic methods in these alternative treatments. Apart from this, even conventional doctors, as they say, would be turned into preferred providers and get more patients through the managed care network. Another argument against managed care is that doctors are not encouraged to refer specialists to the patient for early diagnosis, increasing the risk of contracting diseases without proper and early diagnosis.

Total Views: 565Word Count: 414See All articles From Author

Add Comment

Insurance Articles

1. Why Piano Insurance Matters For Musicians?
Author: victor12johnson

2. Top 5 Private Health Insurance Providers In The Uk: A Comprehensive Guide
Author: Finance Advisors

3. The Role Of The Fiddle Instrument In Bluegrass And Folk Music
Author: micheljordan4

4. Cpt Code 99214: When And How To Use It For Established Patient Office Visits
Author: 247 medical billing

5. Why Music Instrument Insurance Matters For Gigging Musicians And Touring Bands?
Author: musicinstrumentsins

6. How Music Dealers Are Adapting To The Digital Marketplace?
Author: victor12johnson

7. Nstemi Icd-10 Codes: Complete Guide For Accurate Mi Billing
Author: 247 medical billing

8. Unsecured Business Lending Solutions For Growing Enterprises
Author: Sanchetna Finance

9. Understanding Income Protection Insurance In The Uk: Why It’s Essential For Financial Security
Author: FinanceAdvisors

10. Essential Audio Equipment Every Beginner Needs To Start Producing Music
Author: micheljordan4

11. What Is An Npi Number And Why Is It Important
Author: 247 medical billing

12. Why An Oboists Should Consider Getting Oboe Insurance?
Author: musicinstrumentsins

13. Top Reasons To Choose Music Insurance Company For Your Instrument Coverage
Author: victor12johnson

14. What To Do With Your Vehicle In Case Of A Flood
Author: Vigattin Insurance Inc.

15. What Is A Cpt Code?
Author: 247 medical billing

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: