Traditional health insurance plans are a. HMO plans. b. value-based plans. c. pay for service plans....

Traditional health insurance plans are

	a.	HMO plans.
	b.	value-based plans.
	c.	pay for service plans.
	d.	managed care plans.

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Expert Solution

Answer:- Option (C):- pay for service plans

Explanation:- A traditional insurance plan is also known as indemnity or fee-for-service (FFS). It is actually pay for service plan which provides basic coverage for doctor visits, hospitalization, surgery and other medical expenses. A traditional type of insurance is pay for service plan, in which the health plan will either pay the medical provider directly or reimbursement is made after filing an insurance claim for each covered medical expense.

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