|
|
Health insurance coverage can be categorized into 2 major categories:
-Indemnity plans
-manage care plans
Indemnity plans
An indemnity plan reimburses you for your medical expenses, regardless of who provides the service. In some situations/types of coverage, this amount may be limited. The coverage offered by most insurers is in the form of an indemnity plan.
Different plans use different methods for determining how much you will be reimbursed for your medical expenses. Below are some common methods of reimbursement:
Reimbursement--percentage of actual charges
Under this plan, the insurer pays a percentage of the actual charges for covered procedures and services, regardless of how much they cost. A common reimbursement percentage is 80%. This has the same effect as a 20% co-payment.
Reimbursement--actual charges
Under this type of plan, the insurer will reimburse you for the actual cost of specified procedures or services, regardless of how much that cost may be.
Indemnity
Under this type of plan, the insurer pays a specified amount per day for a specified maximum number of days. Although your reimbursement amount does not depend on the actual cost of your care, your reimbursement will never exceed your expenses. |
|
 |
 |
 |
 |
 |
 |
| Your site is the the most helpful and insightful insurance site I have visited! And its FREE!!! Anything free is for ME!!! Thanks a lot and I appreciate your tips! I will let you know the outcome! |
| Great site!!! Great information. Very informative. |
I just want to say "Thank you". The services you have provided are awesome. Keep up this great service.
|
So far I have found that you have done exactly
what you say. And that is the best thing! Thank you. |
| Great information. Thanks for providing! |
| Thank you very much for your help!! You made it so easy to find exactly what I needed. I will be telling my friends and family about your website. Again, thanks a lot!! |
|
