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In the United States, a health maintenance organization (HMO) is a medical insurance group that provides health services for a fixed annual fee. [1] It is an organization that provides or arranges managed care for health insurance , self-funded health care benefit plans, individuals, and other entities, acting as a liaison with health care ...
The Health Maintenance Organization Act of 1973 (Pub. L. 93-222 codified as 42 U.S.C. §300e) is a United States statute enacted on December 29, 1973. The Health Maintenance Organization Act, informally known as the federal HMO Act, is a federal law that provides for a trial federal program to promote and encourage the development of health maintenance organizations (HMOs).
An efficient health care system can contribute to a significant part of a country's economy, development, and industrialization. Health care is an important determinant in promoting the general physical and mental health and well-being of people around the world. [5]
The Health Capital Theory underpins the importance of preventive care across the lifecycle and provides a framework for understanding the variances in health and health care that are experienced. It treats health as a stock that provides direct utility. Health depreciates with age and the aging process can be countered through health investments.
Advanced industrial countries (with the exception of the United States) [55] and many developing countries provide medical services through a system of universal health care that aims to guarantee care for all through a single-payer health care system, or compulsory private or co-operative health insurance. This is intended to ensure that the ...
Health care should get more efficient, but new advances will keep costs frustratingly high.
The philosophy of healthcare is the study of the ethics, processes, and people which constitute the maintenance of health for human beings. [citation needed] For the most part, however, the philosophy of healthcare is best approached as an indelible component of human social structures.
PROVIDENCE – For many Rhode Islanders, health insurance can be an arcane subject full of confusing terms such as deductibles, premiums, copays, in-network and out-of-network, to mention a few.