Monday, August 30, 2010

August 2010 Health Insurance News Letter

CONTRACTED RATES
This one is short and sweet, but is a critical component that you must understand.
The "usual and customary" charge by the physician, hospitals, pharmacy, lab facilities, etc. are a fraction of what the charge would be if you have coverage versus not having coverage. The "contract" between these Health service providers and the insurance company is what will save you many thousands of dollars!

Make sure that you ONLY pay the USUAL AND CUSTOMARY or the CONTRACTED RATE on all of your procedures or claims, please make sure you have an expert handling your claims.

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