Your health insurance card contains important information that identifies you as a member and provides details about your specific coverage. One of the most vital pieces of information on the card is your insurance ID number. This unique identifier allows healthcare providers to verify your policy details and bill your insurance plan for services. But … Read more
When you first enroll in Medicare and get your red, white, and blue Medicare card, you may notice it doesn’t contain a group number. That’s because Original Medicare is not a group health plan. However, if you have a Medicare Advantage, Part D prescription drug plan, or Medigap policy, you may have a group number … Read more
Getting into multiple accidents in a short period of time can seriously jeopardize your car insurance coverage. Most insurers have limits on the number of claims they will accept over a set timeframe before dropping a policyholder. So can car insurance drop you after just 2 accidents? The short answer is yes – having 2 … Read more
A Medicare Set-Aside (MSA) account contains funds that are set aside specifically to pay for future medical expenses related to a work injury or illness. This separate account is meant to cover injury-related costs that would otherwise be covered by Medicare. But what happens if you receive MSA funds as part of a settlement and … Read more
Collecting patient copays and balances can be one of the most challenging aspects of running a successful medical practice. With rising deductibles and healthcare costs, patients are bearing more financial responsibility for their care. This makes efficient copay collection processes more important than ever. The good news is that with the right strategies, you can … Read more
Moving to Canada as a US citizen is absolutely possible, but there are a few key things you need to know. As a US citizen, you have the privilege of entering Canada without a visa as a tourist for up to 6 months. However, if you want to live, work or study in Canada long-term, … Read more
Planning a trip outside of Illinois? As a Blue Cross Blue Shield of Illinois (BCBSIL) member, you can rest assured knowing your coverage goes with you wherever you travel within the United States. BCBSIL has you covered through the BlueCard® Program, giving you access to care across all 50 states. With BCBSIL and the BlueCard … Read more
TRICARE Select is a health insurance plan available to military families, retirees, and reservists. It provides comprehensive coverage but requires annual enrollment fees and copayments for care. Many wonder if TRICARE Select can act as secondary insurance to supplement other health plans and save on out-of-pocket costs. The answer is yes – TRICARE Select can … Read more
A repudiated claim is one of the possible outcomes when you file a claim with your insurance provider. But what exactly does it mean when an insurer repudiates a claim? This comprehensive guide will explain everything you need to know about repudiated claims. What is Claim Repudiation? Claim repudiation refers to when an insurance company … Read more
A trip to the doctor often comes with sticker shock these days. You may see an initial bill for $500 for an office visit, but your insurance claim shows they only paid $100 of that. This gap between healthcare charges and insurance reimbursements is a complex issue rooted in the economics of modern medicine. The … Read more