Indemnity Plans

Indemnity Health Insurance Plans

Indemnity plans pay a set percentage of health care costs, and while they won’t cover all your expenses, they will offer you more control over your health care. Indemnity plans allow you to direct your own health care and visit almost any doctor or hospital you like. The insurance company then pays a set portion of your total charges. Indemnity plans are also referred to as “fee-for-service” plans.

Freedom to Choose Providers

You have the freedom to see any licensed health care provider and use any licensed facility for covered services.

No Referrals Required

You don’t need referrals for specialists. You may need to pre-certify hospital stays and some types of outpatient care though.

Global and Urgent Care Coverage

The indemnity health plan includes global emergency and urgent care coverage 24/7.

See any licensed health care provider and use any licensed facility for covered services.

Indemnity health insurance is a type of health insurance that reimburses policyholders for medical expenses incurred. Unlike managed care plans, which often only cover specific services from in-network providers, indemnity plans typically allow policyholders to visit any doctor or hospital they choose. Indemnity plans may also offer some coverage for preventive care and prescription drugs.

One of the main benefits of indemnity health insurance is that policyholders have the freedom to choose their own doctors and hospitals

This can be a major advantage for those who want to see a specific doctor or who want to receive care at a particular hospital. With an indemnity plan, policyholders are not restricted to a network of providers, as they are with many managed care plans.

Another benefit of indemnity health insurance is that it often covers services that are not covered by managed care plans. For example, some indemnity plans will cover preventive care services such as immunizations and screenings, as well as alternative therapies such as acupuncture and massage therapy. Some plans also provide coverage for experimental treatments or medications.

How Are Indemnity Plans Different From Other Health Insurance Plans?

However, because they provide more flexibility than managed care plans, indemnity health insurance policies tend to be more expensive.

Additionally, policyholders may have to pay deductibles and co-insurance payments before their benefits are triggered. As a result, indemnity health insurance is not always the best option for everyone.

Before signing up for an indemnity plan, it’s important to compare it with other types of health insurance to make sure it’s the right fit for your needs.

An Indemnity plan may be right for you if:

You’re looking for the greatest level of freedom possible in choosing which doctors or hospitals to visit

You don’t want to designate primary care physicians or get referrals to get specialists

You want to freely visit any physician you choose

Choosing health insurance is a highly personal decision, and you should consider how you want to receive care, your medical status, and your budget. Indemnity health insurance is generally one of the costliest options. Still, it provides a degree of control and choice not offered by HMO or PPO plans.