An indemnity insurance plan will pay a portion of medical expenses. When services are rendered, the individual is responsible for paying fees up front, and will then file the paperwork to be reimbursed by the insurance company for the expenses. Most indemnity insurance plans will have a set deductible amount as well as a coinsurance percentage that must be paid by the policy holder.
1 An entry-level player can earn a maximum of $850,000 per year. 2  The limit rises throughout the agreement, to $925,000 in 2011. 3  Maximum entry-level salary in 2004 was $1.295 million. 4  Signing bonuses are capped at 10 percent of the player's salary.
The NHL salary cap is formally titled the Upper Limit of the Payroll Range in the new CBA. For the 2005â06 NHL season, the salary cap was set at US$ 39 million per team, with a maximum of $7.8 million (20% of the team's cap) for a player.s a result of these factors, the cap has been raised each year to its current figure of $59.4 million for the 2010â11 season, with a cap of $11.88 million for a player. The CBA also contains a Lower Limit of the Payroll Range, which is the minimum that each team must pay in player salaries.