Managed care

Name given to a broad spectrum of techniques by which insurance companies attempt to reduce health care costs by participating in decisions concerning the treatment given to those they insure.

See Also: Material Misrepresentation; Major Medical Insurance; Mercury insurance; Mutual Insurer; Moral Hazard; Mixed Insurer (or Company);

Get our Quick Quotes: Auto Quick Quote Home Quick Quote Life Quick Quote Health Quick Quote and Apply Online Travel Quick Quote and Purchase Online Insurance in California