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Glossary of Common Health Insurance Terms

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M

Managed Care

A medical delivery system that attempts to manage the quality and cost of medical services received. Most managed care systems offer HMOs and PPOs that individuals are encouraged to use for their health care services. Some managed care plans attempt to improve health quality, by emphasizing prevention of disease.

Multiple Employer Trust (MET)

A trust consisting of multiple small employers in the same industry, formed to purchase group health insurance.
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