Individual Health - What is a Scheduled Benefit plan?

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This is a fixed benefit plan with limits on each covered expense.  Similar to a comprehensive major medical plan, you will have a deductible to meet, once the deductible is met the health insurance company will begin to pay on the covered expenses, but will stop paying at each respective limit.

A Scheduled Benefit plan will likely be a more affordable health insurance option. But consumers should be aware, the pre-determined limited amount may not be sufficient to cover all expenses.