Which of the following is NOT a common type of health insurance plan?

The selection of the term life policy as the answer highlights a fundamental distinction between types of insurance. A term life policy is designed to provide life insurance coverage for a specified term or period, offering a death benefit to beneficiaries if the policyholder passes away during that time. Its purpose is entirely different from that of health insurance plans, which focus on covering medical expenses.

Health insurance plans, such as Health Maintenance Organizations (HMOs), Preferred Provider Organizations (PPOs), and Indemnity plans, are structured to manage healthcare costs and provide access to medical services. HMOs typically require members to select a primary care physician and get referrals for specialist services, while PPOs offer more flexibility in choosing healthcare providers and do not require referrals. Indemnity plans provide reimbursement for covered services after the insured pays for them upfront, giving the insured more freedom in selecting providers.

This clear distinction in coverage and purpose is what makes the term life policy the choice that does not fit within the category of common health insurance plans. Understanding these differences is crucial in comprehending how various insurance types are designed to serve specific needs.