I
Indemnity plan
Also called a fee-for-service plan. A health insurance plan that allows the insured to use any medical provider that he or she chooses. As such, there are no networks to utilize.
Individual Coverage
An Individual Medical Plan is renewable for multiple years and provides continuous claims coverage. Most healthcare companies offer comprehensive major medical plans that cover both major medical expenses (e.g., hospitalization and surgeries) and routine medical expenses (e.g., office visits and annual exams). In addition, they typically offer a variety of plan types to choose from, such as PPOs, HMOs and POSs.
Individual Disclaimer
Do not cancel any in-force health coverage until you have received written formal approval of acceptance from the company you select. Rates shown are based upon the information you provided, and are subject to change based on the health plan's underwriting practices and your selection of available optional benefits, if any. Final rates and effective dates are subject to underwriting and are always determined by the health insurance company. To be considered for reimbursement, expenses must qualify as covered expenses. View the brochure for details. Individuals currently with one of the above companies may not be eligible for the quoted rates from their current carrier.
This site was designed to provide you with a general description of the plans you requested. Keep in mind that it does not include all the benefits and limitations outlined in the policies -- it is the insurance contract, not the general descriptions on this website, which forms the contract between you and the insurance company.
Seabury & Smith, its suppliers or any third parties named in this site are not liable for any damages that result from using, or inability to use, the website and material listed within it, whether based on warranty, contract, tort or any other legal theory and whether or not Seabury & Smith is advised of the possibility of such damages. This includes, but is not limited to, incidental and consequential damages, lost profits or damages resulting from lost data or business interruptions.
The use of the website and its material, some of it supplied by third parties, is at your own risk. Although we strive to provide the most current and complete information on this website, we make no representations about the accuracy, completeness or timeliness of the material found here. Please note that updates are made periodically to the website and we reserve the right to make them at any time.
Individual Medical
An Individual Medical Plan is renewable for multiple years and provides continuous claims coverage. Most healthcare companies offer comprehensive major medical plans that cover both major medical expenses (e.g., hospitalization and surgeries) and routine medical expenses (e.g., office visits and annual exams). In addition, they typically offer a variety of plan types to choose from, such as PPOs, HMOs and POSs.
individual practice association (IPA)
A type of open-panel HMO that contracts with an association of physicians who agree to provide services for HMO members.
Infertility Treatment
Procedures such as in vitro fertilization and artificial insemination are not covered in many health plans. State laws vary widely on whether or not insurance carriers must provide infertility treatment, and under what circumstances.
Inpatient Hospitalization
Medical procedures which require the patient to spend at least one night at the hospital. Keep in mind that most plans limit the amount of time an inpatient may stay at the hospital following surgery.
inpatient surgery
Medical procedures which require the patient to spend at least one night at the hospital. Most plans limit the amount of time an inpatient may stay at the hospital following surgery.
insurance agent
A person authorized by an insurance company to represent the company in its dealings with applicants for insurance.
insurance company
A finanical institution that sells insurance. Also referred to as insurance carriers.
insured
The person whose life or health is insured under an insurance policy. Also referred to as a "member."
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