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What are the two types of third party health insurance plans?

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Final answer:

There are two types of third-party health insurance plans: employment-based insurance and direct-purchase insurance.

Step-by-step explanation:

There are two types of third-party health insurance plans: employment-based insurance and direct-purchase insurance. Employment-based insurance is provided in whole or in part by an employer or union, and can cover just the employee or the employee and their family. Direct-purchase insurance is coverage that an individual buys directly from a private company.

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