Is a managed care plan better than a traditional fee-for-service?

User Generated

gvsso101

Health Medical

Description

Is a managed care plan better than a traditional fee-for-service (indemnity) plan?  List some of the advantages and disadvantages of each.

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Explanation & Answer

Managed care plan  Advantages:-

  • cost effective
  • get maximum benefits

Managed care plan  disadvantages:-

  • In rural area managed care plan is not possible
traditional fee-for-service advantages:-
  • fast way to get the benefits
  • effective
traditional fee-for-service disadvantages:-
  • costly
  • pay a lot for freedom


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