David P. Paul, Earl D. Honeycutt
Abstract
The United States health care system has, over the past decade, shifted from an almost exclusively indemnity insurance system to a managed care system. The managed care system is discussed in terms of its causes and major players. Given the importance of health care to the U.S. economy, an examination of the forces in this dynamic market is overdue.
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The United States health care system has, over the past decade, shifted from an almost exclusively indemnity insurance system to a managed care system. The managed care system is discussed in terms of its causes and major players. Given the importance of health care to the U.S. economy, an examination of the forces in this dynamic market is overdue.
Key concepts: Indemnity, Managed care, Health care, Business, Health insurance, Actuarial science, Economic growth, Economics