Home > Term: Indemnity plan
Indemnity plan
A type of health benefits plan under which the covered person pays 100% of all covered charges up to an annual deductible. The health benefits plan then pays a percentage of covered charges up to an out-of-pocket maximum.
- Part of Speech: noun
- Industry/Domain: Health care
- Category: General
- Company: CIGNA
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- Harry8L
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