What does a “network” refer to in Wellcare’s plans?

In the context of Wellcare's plans, a “network” refers to a group of doctors, hospitals, and providers offering discounted services to members. This is fundamental to how health insurance operates, especially in managed care models. Members of these plans often benefit from lower costs for services rendered by in-network providers, as insurance companies negotiate rates with these providers to offer discounted prices to their policyholders.

This model promotes the use of a defined set of providers, ensuring that members are able to access care while also helping the insurance company manage costs. Network participation can also lead to coordinated care, improved health outcomes, and reduced out-of-pocket expenses for members. By utilizing a network, Wellcare can ensure that it directs members toward providers who deliver quality care at rates that the insurance plan has deemed manageable for both the provider and the member.