Advantages to Indemnity Health Insurance Plan

Indemnity health insurance plans are mostly known as traditional health insurance plans. These plans might be costly but most of the times cover maximum number of health problems that may arise, while other insurance plans exclude some illnesses or diseases from their coverage.

Indemnity health insurance plans have some important advantages.

1. You may have a higher monthly premium and you may have to pay upfront costs and submit claims paperwork, but it may easily manage your deductible and then your coverage will be wider.
2. Some plans will not cover certain medical care and expenses, but indemnity plans often do these.
3. Very important benefit of indemnity health insurance is freedom to choose own physician. While other health insurance plans offered by the insurance industry limit your choice of physicians and hospitals to a list of preferred providers, indemnity insurance will cover any physician or hospital. This benefit may seem unworthy of mention, but there has been more than one instance where a mother finds that her son or daughter’s pediatrician is not in their preferred provider network and has to search for another pediatrician. This also means that you can see a specialist without having to consult with your primary care physician first.

Overall, indemnity health insurance plans also offer us the best emergency medical coverage in the industry. While PPOs or POS plans limit the physician you can see to a list of network physicians and hospitals, the freedom of choosing any physician is nationwide with indemnity health insurance plans. This means that if you have an accident or a medical emergency while traveling across the country, you can go to the nearest hospital and see the closest physician without worrying about the expense. There have been instances where hospitals or physicians will either refuse to treat patients or treat them only minimally because the hospital or physician is not inside the plan’s preferred provider network – meaning that the patient’s health insurance will only cover a small part of the expense and the patient is liable to pay the rest of the bill. This is a risky financial situation for the physician and/or hospital since patients are often unable to fully pay costly medical bills. With indemnity health insurance plans, this is almost never the case. Consider this and the other benefits of indemnity health insurance when choosing the plan that is right for you.