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Private Health Coverage Info

Friday, March 26th, 2010

Private Health CoveragePrivate coverage of health services

The health care plans may be indemnity (fee for service) or managed care. The major differences between these two plans are related to the skill you have to choose their supplier, the costs will pay for services that are covered and how their claims will be paid. Below is a brief description of these two types of plans.

Compensation Plans

Indemnity plans allow you to go to any doctor or hospital you want, but generally you will pay when receiving medical treatment. Later, you or the provider sends a claim form to the insurance company, who will pay the portion that he is liable for the cost of the services are covered. Insurance companies issuing compensation plans.

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