00:01
Managed care is expected to affect patient and provider incentives and the reasons are given here.
00:09
And how it will affect is given here.
00:15
Patients.
00:18
First is cost sharing.
00:20
So, managed care often involves cost sharing arrangements such as copy payments and deductibles.
00:29
Patients typically have financial incentive to use healthcare services judiciously.
00:37
Because they have to pay a portion of the cost.
00:41
Second is network restriction.
00:43
Managed care plans usually have a network of providers.
00:47
Patients may be incentivized to use a network providers to minimize their out -of -pocket expenses.
00:56
And the last one is preventive care, which means that the managed care plans may offer incentives for patients to seek preventive care as this can lead to early detection and management of health managed conditions, reducing long -term costs.
01:15
Now, incentives for provider.
01:21
First one is capitation and risk sharing...