Saving money on health care
Cost Containemnt:
1) A wide variety of strategies or methods whose primary goal is to control the rising cost of health care, thus making health care more affordable
--Conneticut Department of Public Health
2) When the insurance company devises a way to reduce the benefit payment or costs associated with the health plan --www.healthsymphony.com
3) Features in a plan of benefits or in the administration of a plan designed to reduce or eliminate certain charges to the plan such as charges for unnecessary surgery or hospital days thus improving the plan’s loss experience --Alliance Underwriters
