The benefits covered under a doctor’s office visit copay vary widely among health plans.
Compare Allied National’s Funding Advantage office visit benefit to the competition and you’ll quickly discover that our benefit plans are unique.
Allied’s health plan copays cover almost anything that happens during the visit up to a certain dollar amount. Many health plans only cover the actual doctor exam or visit under the copay.
So, what's a copay?
In order to understand what kind of health care coverage you have; you need to understand key insurance terms and practices. This will help you identify the services your plan will pay for and how much you will owe for each visit or medication.
Cost sharing is the concept of individuals and insurance companies sharing medical costs. It has come into favor as a way to keep premiums in check for individuals. It also helps curtail over utilization of services, which keeps costs down for insurance companies.
Cost sharing primarily comes in three forms.
It can be upsetting to receive an unexpected bill for medical services. Before you panic, do some research. You need to understand what the bill is for and who really has the responsibility for its payment.
This is called balance billing. Balance billing occurs after your insurance company has paid everything it’s obligated to pay – but the provider wants more.
For example, if your doctor charges $100 for a service, your insurance company might pay them $70. Who is responsible for the other $30? Is it part of your required out-of-pocket costs (copays, deductibles, coinsurance)?
Everyone experiences stress from time to time. In fact, 79 percent of Americans are concerned about the level of stress in their daily lives.
Whether it’s routine stress, traumatic stress or sudden stress brought on by a negative change like losing your job or developing an illness, these types of stress carry physical and mental health risks.
The Covid-19 pandemic also can cause stress in many ways for your employees. It's important to encourage your employees to find healthy activities to maintain their well-being.
So how should they, and you, relieve stress? Here are five simple ideas you can share around the office and put into action now.
(Shareable infographic at the end)
Welcome to the Allied Blog
Allied National is a 90 Degree Benefits Company, a subsidiary of Blue Cross Blue Shield of Alabama. Founded in 1970, Allied National is one of the nation's oldest and most experienced third-party administrators. We're the small group benefit experts working to provide unique and affordable group health benefits to small business employers.