Who Should Consider an Indemnity Plan?
Since these plans are completely guaranteed issue, anyone who cannot medically qualify health insurance is a candidate. Furthermore, if you have had 12 months of prior coverage with no lapses of more than 63 days, pre-existing conditions will be covered. Otherwise, pre-existing conditions will be covered after 12 months. Indemnity or Defined Benefit plans are a great option for someone who must have health insurance and cannot obtain it due to medical problems.
Related Questions
- Is the provider payment from Medicare different under the Aetna Medicare Open Plan than the Traditional Choice Indemnity Plan? Are providers bound by the same rules and regulations?
- What is the difference between an HMO and a PPO insurance plan? What if my plan is an "indemnity" insurance plan?
- Can I stay in the Traditional Choice Indemnity Plan instead of moving to the Aetna Medicare Open Plan?
