Which is Idemenity Plan and which is Managed Care Plan? Insureds create contract with an insurer who does not provide health care services       The higher the deductible, the lower the premium       Insured receive health care services from a designated group of providers       May not even involve an insurance company       No annual deduction is incurred, but a small co-payment may be required I most value the freedom of choice and am willing to pay for it.       Cost is my most important consideration.       I’d rather have the flexibility of either having the insurance company reimburse me or directly paying the health care provider.

Income Tax Fundamentals 2020
38th Edition
ISBN:9780357391129
Author:WHITTENBURG
Publisher:WHITTENBURG
Chapter5: Deductions For And From Agi
Section: Chapter Questions
Problem 4MCQ: Which of the following is true about the self-employed health insurance deduction? The deduction can...
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Which is Idemenity Plan and which is Managed Care Plan?

Insureds create contract with an insurer who does not provide health care services
 
 
 
The higher the deductible, the lower the premium
 
 
 
Insured receive health care services from a designated group of providers
 
 
 
May not even involve an insurance company
 
 
 
No annual deduction is incurred, but a small co-payment may be required
I most value the freedom of choice and am willing to pay for it.
 
 
 
Cost is my most important consideration.
 
 
 
I’d rather have the flexibility of either having the insurance company reimburse me or directly paying the health care provider.
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