2Is it an indemnity plan or managed care?
The difference between the two is an important one. With an indemnity plan, you will pay for a certain percentage of all of your care. They are also known as fee-for-service plans. The advantage with this is that you will typically be allowed to choose your own doctors.
A managed care plan, which can be an HMO (Health Maintenance Organization) or PPO (Preferred Provider Organization), means minimal out-of-pocket expense. With an HMO, you or your employer pay a monthly premium, but you can only see doctors in the plan. With a PPO, you or your employer get a discount for using doctors that are within the plan. You can see doctors outside of the system, but it will cost you.