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The difference between indemnity and traditional health insurance plan?

Answer:

Indemnity plans do not have to pay the hospital or doctor. Indemnity plans are designed to indemnify either the insured or the provider. That means if you have services that cost 20,000.00 dollars and you opt for the insurance company to pay you they will make the check payable to you. You can then negotiate with the provider for a better deal and keep the difference in cash. You can look at available indemnity plans through American National Health Insurance of Texas These plans are offered all over the the USA. If the plan is a good one it is more expensive then regular medical insurance. If it is a limited plan it will be very cheap compared to regular medical insurance.

First answer by ID1258491163. Last edit by Sdresh. Contributor trust: 2614 [recommend contributor recommended]. Question popularity: 5 [recommend question].

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