Americans on private health plans are likely familiar with the "managed care" model of health insurance. Most notably, it requires that you seek treatment within a set network of doctors and medical facilities, sometimes receiving extra case management and health literacy resources to help manage your wellness.This paradigm of healthcare, which has been around since the 80's, promised to control the rising cost of healthcare by working with patients to manage long-term factors in wellness.If you take a look at healthcare spending adjusted for inflation at the national level -- or even just your own medical spending -- it doesn't seem to have really done that job. Let's see why that is.
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"Managing Care" Kept It Expensive
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Americans on private health plans are likely familiar with the "managed care" model of health insurance. Most notably, it requires that you seek treatment within a set network of doctors and medical facilities, sometimes receiving extra case management and health literacy resources to help manage your wellness.This paradigm of healthcare, which has been around since the 80's, promised to control the rising cost of healthcare by working with patients to manage long-term factors in wellness.If you take a look at healthcare spending adjusted for inflation at the national level -- or even just your own medical spending -- it doesn't seem to have really done that job. Let's see why that is.