What are Healthcare Plans?
Healthcare plans are plans devised to assist in covering the costs associated with obtaining healthcare services. In the broadest sense, a healthcare plan may be a health insurance policy that is issued under a group plan or an individual plan. Another example of a healthcare plan is a discount package that is not classified as insurance coverage, but does provide members of the plan with significant discounts when members choose to use physicians and other healthcare providers who are associated with the plan. Far and away, insurance is the most popular example of healthcare plans. Devised to help manage the costs associated with doctor visits and medical treatments that are carried out in hospitals and other healthcare facilities, health insurance policies help to minimize the out of pocket expense experienced by the insured for any covered medical issue or treatment. Generally, an insurance plan calls for the payment of an insurance premium according to a payment schedule. In turn,
