What is a fee-for-service plan?

A fee-for-service plan is a type of health insurance plan that is offered in Washington state. This type of plan allows individuals to select their own health care provider and receive services directly from them. With this plan, individuals will be billed for each service received, and in turn, be responsible for the full payment of the bill. Furthermore, any additional fees, such as a copay or deductible, will be paid by the insured. One of the advantages of a fee-for-service plan is that it allows you to have a greater degree of choice in selecting your health care provider, based on their qualifications, experience, and price. Additionally, this plan does not require individuals to sign up for a managed care option, and instead, allows users to pay as they go. On the other hand, however, one of the major drawbacks of a fee-for-service plan is that it often leads to higher health care costs due to the lack of bargaining power that comes with the plan. This can leave individuals responsible for large medical bills, especially when they are not able to pay the full cost upfront. In conclusion, a fee-for-service plan can be beneficial for individuals who want more control over the provider they are seeing and how much they are paying. However, the financial burden can be costly, so it is important to weigh the pros and cons before committing to this type of plan.

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What is a fee-for-service plan?

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