Definitions for "Fee-for-Service Plan"
Keywords:  ppos, doctor, hospital, fehb, checkups
A traditional type of insurance that lets you use any doctor or hospital, but you usually must pay a deductible and coinsurance. These plans are called fee-for-service because doctors and other providers are paid for each service, such as an office visit, or test. They help control costs by managing some aspects of patient care. Most FEHB fee-for-service plans also provide access to preferred provider organizations (PPOs).
A "traditional" insurance plan, where the insurance company pays a certain fee for each service performed, after the patient pays a deductible. In a fee-for-service plan, the patient can usually go to any doctor, not just a doctor on a list.
Health coverage in which doctors and other providers receive a fee for each service such as an office visit, test, procedure, or other health care service. The plan will either pay the medical provider directly or reimburse you for covered services after you have paid the bill and filed an insurance claim. When you need medical attention, you visit the doctor or hospital of your choice.