Advantages and Disadvantages of Traditional Health Insurance

Traditional health insurance as people have known for years involves fee-for-service or indemnity coverage. With this type of coverage, policyholders have the option of choosing the doctor, hospital, and other healthcare providers preferred. In addition, if the policyholder for this type of health insurance were to need care from a medical specialist, no referral would be required. This means that the insurance company would not have the right to make the determination whether care from a specialist was needed or not.
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