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Fee-for-Service

A method of paying for health or medical services. Doctors and hospitals are paid for each individual service they provide to the patient. Bills can be paid in two different ways; paid by the patient who submits the claims to the insurance company or the provider can submit for reimbursement to the patient's insurance carrier.

Early Retiree

An “early retiree” is anyone who retires prior to what is considered the normal retirement age. This is often used to describe retired individuals under…