A recent Wall Street Journal article http://online.wsj.com * noted “The federal government….. announced… that it would require people who wanted to buy a particular type of insurance called “fixed indemnity plans” to demonstrate first that they also had traditional health-insurance coverage.”
“Fixed indemnity plans typically pay a limited cash benefit, with no deductible, to people who are hospitalized or encounter other medical costs. But the federal government said it was concerned that people might confuse those plans with standard health-insurance plans, and that the fixed indemnity plans alone couldn’t be considered to be coverage under the law’s requirement for most people to have insurance or pay a penalty.”
* to read the full WSJ article “States to Decide on Key Part of Small-Business Health Exchange” by Louise Radnofsky, highlight and click on open hyperlink
http://online.wsj.com/news/articles/SB10001424052702304547704579566401099222522