Introduction
According to Peter R (2001), managed care contracts that are a process of negotiation between a physician or health care professionals and a well-managed health care facility for them to provide prospective services. These health contracts should be provided by well-established health professional or physicians.
In the United States, there are well local well-established insurance companies dealing with managed care contracts. These companies include Wellcare Health plans, Humana, Coventry Health Care and Amerigroup.
Wellcare Health Plans
Wellcare Health Plans is one of the largest insurance companies in the United States. Being established in 1985, it has about 2.2 million members with about 91,000 physicians and over 3500 support staff. Wellcare Health Plans is an ideal firm to approach since it has the appropriate task force, and it is well established with sub-companies within different states. The company offers Medicare advantages plans and the advantages on plans of well-prescribed drugs. Through the years, Wellcare Health Plans has grown establishing small Medicare and Medicaid supplements nationally.
Humana
Humana Inc is well based insurance administer and a marketer in the United States. Humana posses over 13 million members and supported by over 52,000 employees. Humana insurance company is an ideal firm to contract because it has a well-distributed task force. Humana Inc over the past years had been under investigation by the government health and human service for unethical conduct, but it went on to clear the air and has kept the services effective and efficient. Over the years, Humana Inc has grown, and it is estimated that in 2013, it produced revenue of about US$41.3 billion, and on the other hand the economy grows positively and upwards.
Coventry Health Care
Coventry health care is an insurance company situated in Bethesda, Maryland. It offers a bunch of diverse services such as workers and network rental compensation services, health plans. Coventry Health Inc is ranked the third most successful, effective and efficient insurance company in the United States. It accommodates people from all institutions ranging from government employees, private employees, governmental institutions and even non-governmental institutions. Over the past years, Coventry Health Care has been acquiring small Medicare and Medicaid. It has made the insurance company grow wider and have influence in the managed care contracts.
Amerigroup
Amerigroup is a subsidiary of WellPoint Inc. despite the insurance company being a subsidiary it offers unique services such as insurance to disabled people, poor individuals with over 7.7 million members. Amerigroup makes it efficient and effective because it considers a part of the society that has been segregated by a large number of insurance companies. Mainly, Amerigroup focuses on the low-income beneficiaries. The company also deals with children and parent insurance services. The company also has a crucial department known as the volunteerism department which is mandated with the task of encouraging and empowering other volunteers nationally. The employees here are given a day off to carry out volunteer services to the society as a way to empower the clients.
Conclusion
Managed care contracts should be undertaken by high experienced companies so as to ensure that all the clients get a well laid down, effective and efficient end product. Health care is a very vital department in the human nature cycle. It serves as the back bone of other major processes. Therefore, proper care and well-versed professions should be consulted each and every time to avoid loss of lives.
References
Peter R. K (2001). The Managed Health Care Handbook, Fourth Edition, Aspen Publishers, Inc., 2001
