Wednesday, May 6, 2020

The Pros and Cons of a Managed Health Care System

Introduction A Health care system of any country is an important consideration for the purposes of the overall development. One of the most important and essential feature of the human body is the health and the systems. In the same manner, proper management is also necessary. Furthermore, all the countries of the world have few targets and achievements to be made. On the other hand, it should also be noted down that, economic development and social welfare the two most are the two important factors. Economic welfare is connected with the increase in the wealth of the people at large (Niles, 2011). The more economic prosperity the greater is the amount and degree of welfare generated and the likeliness in people is welcomed. However, social welfare is one of the major objectives of the nations. Along with this, it should also be noted down that, the government of all the countries and states should focus on the social welfare of the people where people live. It is again true that happiness f ollows good health. In this way, health is a very important consideration for all the economies of the world (Yih, 2011). Apart from this, it is also analyzed that, in order to ensure proper social welfare amongst the members of the society, there is an increasing consideration towards the issue of health in all the major economies of the world. The matter has been taken up more seriously in the recent times by the people and the government at large, because of the risingShow MoreRelatedWhat Is Managed Care?1462 Words   |  6 Pages What is managed care? According to the Oxford English Dictionary, managed care is â€Å"a system of health care in which patients agree to visit only certain doctors and hospitals, and in which the cost of treatment is monitored by a managing company.† Managed care is a variety of techniques designed to essentially reduce the cost of providing health benefits and advance the quality of care. 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