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

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

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