Managed Care Plans and Access to Lives
Abstract
Paying for healthcare has become very expensive, and therefore, to ease the burden, insurance companies have taken over that role. A person registers with an insurance company, and pays the premium after a duration, say one month to cover for any medical uncertainty that may arise.
Definition of access to life
Access to lives means the ability of each patient in the hospital to be able to get proper medical care and pay their hospital bills through their insurance covers. Access to lives to the clinic manager means the manager decides who to give a correct and comprehensive treatment based on the amount of their medical cover and the premiums they pay to the insurance. If a patisharksavewriters.com/increase-in-insurance-costsent is covered for a more substantial amount, then the patient gets better medical care, but if the amount is smaller, then the level of medical care will not be as comprehensive.
Insurance company with majority access to life
At 90%, united healthcare insurance has the majority of access to lives as it covers most patients. The number of patients that are treated when using united healthcare will be higher compared to BlueCross BlueShield insurance with 10%. The clinic collects most of its revenue from united healthcare as most of the clinic’s patients are covered with them, and therefore, the manager would give preference to united healthcare insurance. Even though BlueCross BlueShield insurance contributes, their revenue generation is lower as they cover fever patients with the hospital.( Kongstvedt,2013)
Conclusion
Affordable healthcare is an essential requirement for every individual in case of any eventualities. It is important to note that insurance covers are also important for revenue generation in hospitals for continued operation and improved healthcare.
Works cited
Kongstvedt, P. R., (2013). Essentials of managed health care. Jones & Bartlett Publishers.