Dictionary of Health Insurance and Managed Care
Dictionary of Health Insurance and Managed Care
To keep up with the ever-changing field of health care, we must learn new and re-learn old terminology in order to correctly apply it to practice. By bringing together the most up-to-date abbreviations, acronyms, definitions, and terms in the health care industry, the Dictionary offers a wealth of essential information that will help you understand the ever-changing policies and practices in health insurance and managed care today.
User Ratings and Reviews
5 Stars From the Foreword
Why do we need the Dictionary of Health Insurance and Managed Care, and, why do payers, providers, benefits managers, consultants, and consumers need a credible and unbiased source of explanations for their health insurance needs and managed care products?
The answer is clear!
Health care is the most rapidly changing domestic industry. The revolution occurring in health insurance and managed care delivery is particularly fast. Some might even suggest these machinations were malignant, as many industry segments, professionals, and patients suffer because of them. And so, because knowledge is power in times of great flux, codified information protects all people from physical, as well as economic harm.
For example, federal government forecasts reveal that total expenditures on health services will surpass $2 trillion in 2007, and account for 17% of the gross domestic product. As a country, Americans spend dramatically more total dollars on health care, and more as a percentage of the economy, than they did two decades ago. Along with these growing expenditures, the government is assuming greater control. Currently, almost 50% of health care costs are under federal or state mandates through Medicare and Medicaid entitlement programs. The recent prescription drug program and implementation of the Health Insurance Portability and Accountability Act adds more confusion for medical providers and facilities, insurance agents, health plans, and patients. This tumult occurred so rapidly that Americans can no longer assume operative definitional stability. The resulting chaos is as expected.
Fortunately, the Dictionary of Health Insurance and Managed Care provides desperately needed nomenclature stability to health insurance policy issues and managed care procedural concerns. With almost 10,000 definitions, abbreviations, acronyms, and references, the Dictionary is the most comprehensive and authoritarian compendium of its kind, to date.
Health care economist Dr. David Edward Marcinko, MBA, and his colleagues at the Institute of Medical Business Advisors, Inc., should be complimented for conceiving and completing this laudable project. The Dictionary of Health Insurance and Managed Care lifts the fog of confusion surrounding the most contentious topic in the health care industrial complex today. My suggestion, therefore, is to “read it, refer to it, recommend it, and reap.”
Michael J. Stahl, PhD
Director, Physician Executive MBA Program
William B. Stokely Distinguished Professor of Business
College of Business Administration
The University of Tennessee
5 Stars Dictionary of Health Insurance And Managed Care, A must have for every Health Care Provider and Health Care Professional
The need for the Dictionary of Health Insurance And Managed Care has been a necessity for a long time. Clear, concise references tools are very much needed by all Health Care providers, Managers, Administrator and every health care professional. The information contained in this book can be the difference between barley getting by in a practice and hoping to keep up with the changes to really having a true understanding of the industry and how the topics relate to an active practice or health care operation.
I found the Dictionary of Health Insurance And Managed Care to be very well thought out and the terms are easy to understand.
When you receive raw information from a reference resource such as the Federal Register or other reference resources everyone does not easily decipher the information contained. Having this type of reference book will greatly enhance the readers ability to not only understand the terms and meanings but how to apply them in a active day to day operation of medical practice.
I would highly recommend the Dictionary of Health Insurance And Managed Care to everyone who has chosen a career in any health care discipline.
Christy S. Lodwick, MHA
PhD Candidate
Health Care Administration & Policy
Rushmore University
President/Business Development
IMPACT Health Care Solutions
Columbus, Ohio
Filed under: Insurance Book Reviews