indemnity plan

indemnity plan,

n 1. a plan that provides payment to the insured for the cost of dental care but makes no arrangement for providing care itself.
2. a dental plan in which a third-party payer provides payment of an amount for specific services regardless of the actual charges made by the provider. Payment may be made to enrollees or by assignment directly to dental professionals. Schedule of allowances, table of allowances, and reasonable and customary plans are examples of indemnity plans.
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Say, for instance, you have a $3,500-deductible medical plan and a hospital indemnity plan from the same carrier.
We focus on those enrolled in HMOs but also compare results to those for enrollees in the indemnity plan.
This paper presents British Columbia Teachers' Federation's (BCTF) research report that has produced tables which allow the BCTF and its locals to consider the prevalence of Salary Indemnity Plan (SIP) claims by school district.
The rates are considerably lower than what we have been receiving from Blue Cross' indemnity plan," Smith said.
A well-designed indemnity plan should reimburse the provider based on reasonable and customary charges and not on a fee schedule.
The main group to which PPOs were compared was a traditional indemnity plan with utilization review and standard benefits similar to those offered by the PPOs.
In addition to two large private MC plans, residents were covered by a large indemnity plan and by MC and non-MC Medicare plans.
Regence told us that itwould have to raise prices to employers to a level that was comparable to their standard indemnity plan, which would have negated the distinction between these two types of plans.
Preferred Provider Organization (PPO): This type of insurance plan combines elements of the traditional indemnity plan with those of an HMO.
With an indemnity plan (sometimes called fee-for-service), you can use any medical provider (such as a doctor and hospital).
In an extension to an existing contract with Aetna US Healthcare, LabCorp has been selected to provide lab services to Aetna's PPO, POS, and indemnity plan members nationwide, as well as most of its HMO members.