The History of Health Insurance and Managed Care
Health insurance began in the early part of the twentieth century as a means to protect an organization's assets, either its financial assets or its manpower. Since the early days, health insurance evolved into a system of managed care in order to control issues such as overutilization, skyrocketing costs, limited restrictions, and low-quality care.
- Evaluate the evolution of health insurance and managed care. What is the relationship between the two and how has managed care risen to prominence in today's health care market?