Question: Discuss the difference between second-party payment and third-party payment. What led to the creation of the third-party payment system? Which groups were considered the first
- Discuss the difference between second-party payment and third-party payment. What led to the creation of the third-party payment system?
- Which groups were considered the first managed care organizations? Distinguish between a managed care organization, a preferred provider organization, and health maintenance organization.
- Why did employers prefer managed care organizations? How have MCOs changed over the years?
- Name some of the differences between open-panel HMOs, closed-panel HMOs, and network model HMOs
- What are the benefits to the employer of a defined-contribution plan?
- Explain the two models of consumer-driven health plans: spending account models and tiered models.
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