Question

A fee-for-service plan is an insurance plan that pays their share of covered_____ ______

Answer 1

Answer:

A fee-for-service plan is an insurance plan that pays their share of covered health plan after treatment is provided, once the policyholder has paid the expenses and any co-pays.

Explanation:

A fee for service plans allows the insured to choose the doctor and generally the place where he/she will receive medical treatment. The insurance company pays most of the expenses, and they are generally reimbursed to the insured. This type of plans have seen huge increases in premiums due to high costs.