What is a managed care organization (MCO)? An MCO is a health care company. It is often called a "health plan." It is a group of doctors, hospitals and other providers who work together to meet your health care needs.
What is an example of a managed care organization?
A good example of a managed care plan is a Health Maintenance Organization (HMO). HMOs closely manage your care. Your cost is lowest with an HMO. You are limited to seeing providers in a small local network, which also helps keep costs low.
What is the role of a managed care organization?
A managed care organization is a single organization which manages the financing, insurance, delivery and payment to provide health care services. Financing – the MCO and employer negotiates a fixed premium per enrollee and the health services provided in the contract.
What are the most common types of managed care organizations?
A medical delivery system that attempts to manage the quality and cost of medical services that individuals receive.