Word: for-profit
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...that they seek. "When doctors were in control," says TIME medical columnist Christine Gorman, "costs escalated. To control costs, some care has to be denied." Which is why the ongoing debates on Capitol Hill about managed care are currently stalemated: Neither party is able to come up with a for-profit system that will consistently cut costs and consistently enlarge care...
...These new HMOs that dominate the market are primarily for-profit," Woolhandler said. "And little is known about the quality of care in those plans...
...study published last week found that managed care patients receive higher quality care, on average, if they are covered by not-for-profit health maintenance organizations (HMOs) than if they are covered by for-profit HMOs...
...study has far-reaching implications since so many Americans use for-profit HMOs, according to the study's authors...
...These new HMOs that dominate the market are primarily for-profit," Woolhandler said. "And little is known about the quality of care in those plans...