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Review the following lecture:
The term “managed care” refers to several different forms of healthcare provision intended to ensure quality care for people in America at lower costs. In 1973, the Health Maintenance Organization Act was signed by President Nixon and funding for HMO expansion was provided to employers willing to provide health insurance for employees. HMOs were the first true form of managed care.
MCOs have gone through many changes over the years, some of which have been beneficial and others that have not been successful.
After a thorough research of credible sources from the Online Library and the Internet, please answer the following questions:
To support your work, use your course and textbook readings and also use the Online Library. As in all assignments, cite your sources in your work and provide references for the citations in APA format.
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