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Managed Care was developed by the federal government to compete with insurance companies in providing healthcare.

A) True
B) False

1 Answer

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Final answer:

Managed care was not developed by the federal government to compete with insurance companies in providing healthcare.

Step-by-step explanation:

The statement in the question is False. Managed care was not developed by the federal government to compete with insurance companies in providing healthcare. Managed care is a system of delivering healthcare services in which patients receive their care from a network of healthcare providers who have agreed to provide services at a reduced cost. This system is typically utilized by private insurance companies and healthcare organizations, not the federal government.

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