Indemnity insurance typically means coverage offered by insurance companies
and Blue Cross plans, whereby individual persons insured are indemnified
through reimbursement by the carriers for their medical expenses. Payments may be made to
the individual incurring the expense, or in many cases, directly to providers. The
important point is that the indemnity relates only to a specific loss incurred by
the insured person after the fact.*
Books and Other
Media:
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*Extracted from Family Physicians
and Managed Care: A View to the 90's: (paperback 1993) with permission from American Academy of Family Physicians
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