Article: Diagnosing the health care industry. (Business Diagnosis)

Ask your friends about their health care plans and you will be barraged with insurance industry abbreviations and buzzwords: "Our group health insurance is Kaiser HMO," or "Our insurance is the Blue Cross 24-Hour Plan." Others might mention the Conservco PPO, IPAs like Mullikin, or MCOs like the Intercommunity Medical Group. What do these terms actually mean? What factors should one consider when reviewing health care options? What are the features of HCOs, the newest development in managed care? Widespread confusion may easily intimidate buyers of health care contracts and consumers of medical services. The are two types of health care insurance: General and Occupational. ...

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