March 17, 2006, Newsletter Issue #1: Stay In-Network And Save
Tip of the Week
Many insurance plans require policyholders to seek treatment within their “network.” An insurer’s network includes certain hospitals and medical providers who have been contracted to provide services at a discounted rate.
When you see a doctor outside of this network, your insurer is billed the full price for your care – and they often pass on these extra costs to you. Out-of-network treatments can rack up thousands in charges that could be avoided.
To get the most savings from your plan, always make sure you receive care from your insurer’s network. And if you do need to see a out-of-network professional, be prepared for extra costs.
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