In: Operations Management
Do you think patients with managed care insurance are influenced by differences in copay amounts between the PCP and ER?
Copay is the predetermined rate that individuals pay for specific health care services. For example, an average copay existing in the U.S.:
The above charges clearly illustrate the Copay varies with respect to ER and PCP.
Further Considering different types of managed care services;
In every plan, the health care service provider will provide the amount insured and if the cost of health service is above it, then it needs to be taken care of by the patient.
Therefore patients with managed care insurance are influenced by differences in copay amounts between the PCP and ER.
Do you think the average person really understands managed care?
Yes, an average person may able to understand the managed care because as illustrated above there are only 6 different schemes available in the US, further they are very similar with respect to policy terms. The most important policy was also illustrated above i.e. the patient will receive only the insured amount.