FT MarketWatch

Fee-for-service

A Health insurance plan that allows the holder to make almost all health care decisions independently. The plan holder pays for a service, submits a Claim to the Insurance company, and, if the service is covered in the Policy, receives Reimbursement. Fee-for-service plans often have higher deductibles or Copay than managed care plans.

Related Terms: 16 Car, Claim, Copay, Cover, Deductible, Dependent, ECI, Fee-for-service, Health insurance, High, Insurance, ITS, Low, Lows, Policy, Reimbursement
Other Related Pages: Category: Insurance Starting With: F
Additional Related Terms: 10-K, 52-week high, 52-week low, 401(k) plan, 403(b) plan, 457 plan, Allowance for depreciation, Accrual of discount, Amortization of premium, At par