A key factor in choosing a managed care company or insurer is its ability to provide hassle-free service to you and your employees. These are some of the top concerns expressed by small businesses trying to find the right health plan. Now, take a look at the various types of health plans available in the marketplace, and you'll start to see which plans are designed to address your company's needs. Traditional indemnity is the kind of plan we all grew up with. The member is reimbursed for either part or all of the remaining covered expenses.
Employees have access to the doctors they want for most types of medical care.
Generally greater cost to employees, who may pay deductibles as well as their portion of coinsurance. Payment for care is often required up front. Reimbursement comes to employees after they receive care. Health care costs may be difficult for employees to predict. And there's paperwork needed to document the entire process.