These types of insurance plans provide protection against health care expenses in the form of cash benefits paid to the insured or directly to the provider after the services are rendered.(Fee-For-Service Plans)

Question

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Fee-for-service plans provide cash benefits to the insured or the provider after the services are rendered, unlike managed care plans or point-of-service plans, which typically involve pre-negotiated rates and restrictions on certain types of care. Health savings accounts are a type of savings account specifically for healthcare expenses, rather than a type of insurance plan.

These Types of Insurance Plans Provide Protection Against Health Care