Coming Soon
Subscription Marketplace - Buy and sell subscription products and services
667 views
in Articles by
Indemnity health insurance plans are more regularly known as traditional health insurance plans. These health insurance plans can be costly but often cover most health problems that may arise, while other insurance plans exclude some illnesses or diseases from their coverage. Some disadvantages to indemnity plans are that they do not usually cover preventative health care like physicals, and traditional health insurance plans often cover only a percentage of your bill. Research the advantages and disadvantages to indemnity health insurance when you are considering health insurance options.

While the disadvantages may seem problematic, there are many advantages to indemnity health insurance plans. You may have a higher monthly premium and you may need to pay upfront costs and submit claims paperwork, but your deductible will be more manageable and your coverage will be wider. Some health insurance plans will not cover certain medical expenses or care, but indemnity plans often do.

Another benefit of indemnity health insurance plans that many people desire is the freedom to choose your own physician. While other health insurance plans offered by the insurance industry limit your choice of physicians and hospitals to a list of preferred providers, indemnity insurance will cover any physician or hospital. This benefit may seem unworthy of mention, but there has been more than one instance where a mother finds that her son or daughter's pediatrician is not in their preferred provider network and has to search for another pediatrician. This also means that you can see a specialist without having to consult with your primary care physician first.

Overall, indemnity health insurance plans also offer you the best emergency medical coverage in the industry. While preferred provider organizations (PPOs) or point-of-service (POS) plans limit the physician you can see to a list of network physicians and hospitals, the freedom of choosing any physician is nationwide with indemnity health insurance plans. This means that if you are traveling across the country and have an accident or a medical emergency, you can go to the nearest hospital or see the closest physician without worrying about the expense. There have been instances where hospitals or physicians will either refuse to treat patients or treat them only minimally because the hospital or physician is not inside the plan's preferred provider network - meaning that the patient's health insurance will only cover a small part of the expense and the patient is liable to pay the rest of the bill. This is a risky financial situation for the physician and/or hospital since patients are often unable to fully pay costly medical bills. With indemnity health insurance plans, this is almost never the case. Consider this and the other benefits of indemnity health insurance when choosing the plan that is right for you.

Please log in or register to reply to this topic.

Related topics

0 replies 795 views
posted in Articles by Prepatriarch
0 replies 837 views
posted in Articles by PlaySeal
0 replies 863 views
posted in Articles by TwinNut
0 replies 1,511 views
posted in Articles by SilentTrooper
0 replies 699 views
posted in Articles by Butcherry
0 replies 607 views
posted in Articles by Knightmare
0 replies 709 views
0 replies 649 views
posted in Articles by TwinNut
0 replies 1,078 views
posted in Articles by FoolishJaguar
0 replies 617 views
posted in Articles by Hawkward
0 replies 761 views
posted in Articles by Titank
0 replies 791 views
0 replies 643 views
posted in Articles by AfternoonFay
0 replies 685 views
posted in Articles by PerfumedNecromancer
0 replies 752 views
0 replies 958 views
posted in Articles by MammothMoth
0 replies 625 views
posted in Articles by BouncyOracle
0 replies 629 views
posted in Articles by HarmlessRose
0 replies 686 views
0 replies 599 views
posted in Articles by GraveGrass
0 replies 755 views
posted in Articles by Celestiger
0 replies 731 views
posted in Articles by TrustyKitty
0 replies 597 views
posted in Articles by KeyboardPie
0 replies 642 views
posted in Articles by Robottom
0 replies 1,739 views
posted in Articles by Explorer
0 replies 964 views
0 replies 743 views
posted in Articles by BunBunny
0 replies 679 views
posted in Articles by Oystrich
0 replies 570 views
posted in Articles by Tomatoad
0 replies 613 views
posted in Articles by Falconjurer
0 replies 771 views
posted in Articles by HairyFoal
0 replies 623 views
posted in Articles by TrainedGuy
0 replies 638 views
posted in Articles by Conjursa
0 replies 1,093 views
posted in Articles by Richard S.
0 replies 586 views
posted in Articles by MorningFortune
0 replies 626 views
posted in Articles by CharmingChamp
0 replies 593 views
posted in Articles by Slayerk
0 replies 578 views
posted in Articles by Catnip
0 replies 584 views
posted in Articles by DopeyPotato
0 replies 640 views
posted in Articles by DreamBaby
0 replies 644 views
posted in Articles by HistoryGuy
Connect with us:
...