What is Managed Care? | Meaning & Definition | Akrivia HCM

Managed care refers to a style of medical care organized and cared for by a leading healthcare organization or provider. This healthcare option aims for the management company to prevent any possible diseases that may affect the employees. This goal is achieved through wellness programs, preventive healthcare screening, and appropriate referral when needed. The leading provider in these cases is an insurance broker, commercial insurance broker, or third-party administrator who supplies the managed care program. They have the task of providing the needed service while protecting their assets.

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