Question

An indemnity is a fee for service plan and provides payment on a service by service basis? True or false

Answer 1

Answer:

True

Explanation:

Indemnity -  With an indemnity plan (sometimes called fee-for-service), you can use any medical provider (such as a doctor and hospital). You or the provider sends the bill to the insurance company, which pays part of it. Usually, you have a deductible—such as $200—to pay each year before the insurer starts paying.