Which of the following is a type of private insurance?

Managed care plans represent a significant type of private insurance that incorporates both health care delivery and insurance functions. These plans aim to provide effective and cost-efficient services by coordinating care and managing the use of health resources. Individuals who enroll in managed care plans typically pay a monthly premium to receive a variety of health services, including preventive care, hospital stays, and specialist visits.

What distinguishes managed care from other types of insurance is its structured approach to health care provision, which emphasizes patient care management and often requires members to choose a primary care physician. This strategy helps control costs and enhance the quality of care through better coordination.

In contrast, Medicare and Medicaid are government-funded programs aimed primarily at specific populations—elderly individuals and low-income families, respectively. Military insurance (such as TRICARE) is designed for active and retired military personnel and their families, which again falls outside the realm of private insurance. Thus, managed care plans are distinctly categorized as private insurance, providing individuals with a different model of health care and coverage compared to government programs and military coverage.