Which is Idemenity Plan and which is Managed Care Plan? Insureds create contract with an insurer who does not provide health care services The higher the deductible, the lower the premium Insured receive health care services from a designated group of providers May not even involve an insurance company No annual deduction is incurred, but a small co-payment may be required I most value the freedom of choice and am willing to pay for it. Cost is my most important consideration. I’d rather have the flexibility of either having the insurance company reimburse me or directly paying the health care provider.
Which is Idemenity Plan and which is Managed Care Plan? Insureds create contract with an insurer who does not provide health care services The higher the deductible, the lower the premium Insured receive health care services from a designated group of providers May not even involve an insurance company No annual deduction is incurred, but a small co-payment may be required I most value the freedom of choice and am willing to pay for it. Cost is my most important consideration. I’d rather have the flexibility of either having the insurance company reimburse me or directly paying the health care provider.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
Which is Idemenity Plan and which is Managed Care Plan?
| Insureds create contract with an insurer who does not provide health care services |
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|
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| The higher the deductible, the lower the premium |
|
|
|
| Insured receive health care services from a designated group of providers |
|
|
|
| May not even involve an insurance company |
|
|
|
| No annual deduction is incurred, but a small co-payment may be required |
| I most value the freedom of choice and am willing to pay for it. |
|
|
|
| Cost is my most important consideration. |
|
|
|
| I’d rather have the flexibility of either having the insurance company reimburse me or directly paying the health care provider. |
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