Indemnity, or fee-for-service, plans and managed care plans cover medical expenses if you are sick or injured, but in different ways. The following questions examine the general differences between the two plans. Taking a closer look at how these plans provide coverage will help you begin to customize a health care plan that best suits your requirements. Select the plan that most closely matches each given description.

a. Insureds create contract with an insurer who does not provide health care services
b. The higher the deductible, the lower the premium
c. Insured receive health care services from a designated group of providers
d. May not even involve an insurance company
e. No annual deduction is incurred, but a small co-payment may be required