Traditional fee-for-service plan

{
  "id": "MLC-T-ECS-001970",
  "term": "Traditional fee-for-service plan",
  "field": "Economic statistics",
  "definition": "Health benefit plan financing but not delivering healthcare services and allowing participants the choice of any provider without affecting reimbursement.\n\nNote: Employers pay premiums to a private insurance carrier to provide a specific package of health benefits. Some employers may choose to self-fund a fee-for-service plan, in which case the employer, as opposed to an insurance company, assumes responsibility for payment of all eligible benefits.",
  "references": [
    "BLS Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/traditional-fee-for-service-plan/"
}