fee-for-service insurance

fee-for-service insurance

insurance coverage that reimburses participants and providers following submission of a claim. Participants have few if any restrictions on which hospitals or doctors to use.

fee-for-ser·vice in·sur·ance

(fē'fōr-sĕr'vis in-shŭr'ăns)
Coverage in the U.S. that reimburses participants and providers following submission of a claim. Participants have few, if any, restrictions on which hospitals or doctors to use.

fee-for-ser·vice in·sur·ance

(fē sĕr'vis in-shŭr'ăns)
Insurance coverage that reimburses participants and providers following submission of claim. Participants have few if any restrictions on which hospitals or doctors to use.
References in periodicals archive ?
The base year utilization rates for physician office visits by females under the age of 18 with fee-for-service insurance coverage were estimated to be as follows (Vector Research, Inc.
The cost of their care may be covered under Medicaid or a fee-for-service insurance plan.
If, however, you go outside the plan, then you pay just like a fee-for-service insurance and wait to be reimbursed, usually at a rate of 70%.
By contrast, fee-for-service insurance pays for everything with very little emphasis on resource conservation (90% of Medicare recipients are in the fee-for-service program).
Some HMOs cost up to 30 percent less than fee-for-service insurance plans for an equivalent benefit package.
Xerox is moving to management of a multiplicity of HMOs, eventually to replace traditional, fee-for-service insurance.
The placement of all OHP enrollees into managed-care, rather than allowing a portion to receive coverage through more traditional fee-for-service insurance.
While the hospital is a part of a larger organization, Hutzel Is an independent health care facility with a strong financial basis from many revenue sources, such as direct patient reimbursement, fee-for-service insurance payments, and HMO contracts.
Employers initially perceived HMOs as cheaper than traditional fee-for-service insurance and, gradually, stopped offering a choice of health plans.
senior vice president and general manager of AmeriHealth New Jersey, "because it offers subscribers affordable rates with the freedom traditionally associated with fee-for-service insurance products.
According to a 1992 survey by the Bureau of Labor Statistics, 14% of fulltime workers in businesses with fewer than 100 employees currently belong to health maintenance groups, while another 18% get their health care via PPOs, a version of fee-for-service insurance plans that gives individuals limited choice in selecting a health care provider.
The continued presence of fee-for-service features in many plans allows for the type of fraud seen in indemnity or fee-for-service insurance to occur in managed care.