Reflective Analysis: Risk Management and the Role of Managed Care (Healthcare Assignment)

Risk management helps to reduce the cost of accessing health care. Application of proper risk management policies will see a person or an individual getting the best medical care, even when they do not earn much. On the other hand, Managed Care Organizations offer health plans to both individuals and groups. Their aim is to keep medical costs down through patient education and giving preventive medicine. It is hard for low-income earners to access proper medical care when they get sick. Even the higher income earners sometimes find it hard to obtain an appropriate medication, especially when suffering from complicated illnesses or suffering from serious injuries. As a result, most people prefer to take the necessary measures so that they can access proper medication when they fall sick. Managed Care Organizations help most people to plan, and hence it will be easy to get medical attention needed when they fall ill. This essay will explore the role of the Managed Care Organization in healthcare (Healthcare Assignment).