What is an indemnity plan

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.

What is the difference between an indemnity plan and a PPO?

HMOs and PPOs. Unlike HMO and PPO health insurance plans, most indemnity policies allow you to choose any doctor, specialist, and hospital that you wish when seeking health care services.

Why do I need indemnity insurance?

Indemnity insurance protects against claims arising from possible negligence or failure to perform that result in a client's financial loss or legal entanglement. A client who suffers a loss can file a civil claim.

What is Cigna indemnity?

Medical Indemnity plans, also known as an Indemnity Health Plan, are health plans designed to give you choices when choosing health care providers and facilities.