A fee-for-service (FFS) plan is another term for an indemnity plan. It is the oldest and most liberal plan, the one your dad may have had when he wore the gray flannel suit to his job in 1950.
These days, about 1 in 10 Americans with employer-paid health insurance have some version of an indemnity or FFS plan. These policies are fairly expensive because the insurers don’t require members to use specific hospitals or doctors, so these insurers often get no discount for services. Indemnity plans can be the best choice for people who want ultimate freedom and are willing to pay the higher premiums and co-payments, and don’t mind dealing with extra paperwork.
Find out more about this book:YOU: The Smart Patient: An Insider's Handbook for Getting the Best Treatment