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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.

Group Health Insurance

Health insurance purchased by a group of people (or on their behalf) rather than by an individual or family. Employer Sponsored Insurance is the most…