What type of plan requires premium, deductible, and coinsurance payments and typically covers 70 to 80 percent of costs for covered benefits after deductibles are met?

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Quizplus · Accepted Answer

Indemnity plans, also known as fee-for-service plans, require premium, deductible, and coinsurance payments. They typically cover 70 to 80 percent of costs for covered benefits after deductibles are met, offering the insured the freedom to choose any healthcare provider.

What Type of Plan Requires Premium, Deductible, and Coinsurance Payments