1. Jake Rankin 5 th period

2.  Managed care plans have agreements with certain doctors, hospitals, and health care providers to give a range of services to plan members at reduced cost. In general, you will have less paperwork and lower out-of- pocket costs if you select a managed care type plan and a broader choice of health care providers if you select an indemnity-type plan.  Free for service insurance lets you choose your own doctor so you don’t get stuck with one you don’t want  Traditional insurance you pay a certain amount of your medical expenses up front in the form of a deductible and later on the insurance company pays the majority of the bill