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Exam (elaborations)
CEBS GBA 1: Assignment 3 (SCORE A+ GUARANTEED)
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prepaid service plans this type of plan provided a set allowance (level of benefit) for hospital/medical services and paid them directly to the provider ex: blue cross blue shield indemnity plans plans that reimbursed or indemnified a set dollar amount to the subscriber first dollar coverage plan pays benefits from the minute an expense is incurred. the subscriber pays no expense. this model was used in early hospital and medical plans when costs and utilization patterns were lower this type of coverage is not used often today
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