What is balance billing?
According to the
WHAT IS BALANCE BILLING?
Balance billing arises when a health care provider who isn't in your plan's network charges more than your policy pays. The provider often bills you for the difference or balance. Balance billing can occur when a consumer actively chooses to see a provider outside of their plan's network, such as a specialist physician.
It can also happen when a consumer has little or no choice in which provider renders services -- also known as a "surprise bill." For instance, a patient might not get to select an in-network ambulance provider or pathologist to study lab samples. While you can't always avoid balance billing, understanding your health plan can reduce your chances of receiving a surprise bill.
"Licensed agents, brokers, and companies are available to help you understand your plan, and which providers are in-network and out-of-network," said
IN-NETWORK VS OUT-OF-NETWORK
Balance billing is a risk when you get services from an out-of-network provider, so it helps to understand the difference between in-network and out-of-network providers.
IN-NETWORK: In-network health care providers have negotiated a specific discounted rate with insurance companies; that way, insurers know how much care should cost. You can usually find who's in your plan's network on your insurer's website. The cost of services rendered by in-network providers can be predictable.
OUT-OF-NETWORK: Out-of-network providers do not have an agreement with your health plan on the cost of their services. Payment for services from out-of-network providers could be covered, not covered at all, or partially-covered -- exposing you to balance billing.
UNDERSTAND YOUR COVERAGE
Your plan's coverage for out-of-network services usually depends on its network type, so it's essential to understand your coverage. Common network types include:
EXCLUSIVE PROVIDER ORGANIZATION (EPO): A managed care plan where services are covered only if you use doctors, specialists, or hospitals in the plan's network (except in an emergency).
HEALTH MAINTENANCE ORGANIZATION (HMO): A type of health insurance plan that usually limits coverage to care from doctors who work for or contract with the HMO. It generally won't cover out-of-network care except in an emergency. An HMO may require you to live or work in its service area to be eligible for coverage. HMOs often provide integrated care and focus on prevention and wellness.
POINT OF SERVICE (POS): A type of plan where you pay less if you use doctors, hospitals, and other health care providers that belong to the plan's network. POS plans require you to get a referral from your primary care doctor to see a specialist
PREFERRED PROVIDER ORGANIZATION (PPO): A type of health plan where you pay less if you use providers in the plan's network. You can use doctors, hospitals, and providers outside of the network without a referral for an additional cost.
Information provided -- Information provided
___
(c)2020 the Greensburg Daily News (Greensburg, Ind.)
Visit the Greensburg Daily News (Greensburg, Ind.) at www.greensburgdailynews.com
Distributed by Tribune Content Agency, LLC.



With memories of Hurricane Rita, southwest La. residents brace for Laura
Your Clients Will Need A Will: Here Are Some Things To Consider
Advisor News
- Younger workers more likely to be eligible for a retirement plan after changing jobs
- Bank of America community event unpacks sales tax hike, small business struggles
- CONGRESSMAN VALADAO DEMANDS ANSWERS FROM CALIFORNIA OVER HEALTHCARE TAX HIKE
- How executive benefits impact an estate plan
- 73% of US business leaders say economic uncertainty keeps them from focusing on transition
More Advisor NewsAnnuity News
- State Farm’s agency overhaul: What distribution can learn
- IRI, ACLU express support for CLEAR Forms Act
- A new era at the Federal Reserve
- Globe Life Inc. (NYSE: GL) Making Surprising Moves in Tuesday Session
- Why annuities are gaining traction with younger investors
More Annuity NewsHealth/Employee Benefits News
- KFF HEALTH NEWS: MEDICARE'S AI PUSH SNARLS PATIENTS AND DOCTORS IN ERRORS AND DELAYS
- SPECIAL ENROLLMENT PERIOD NOW OPEN FOR INNOVATIVE HEALTH PLAN; HEALTHCARE PLAN; AND ACLP HEALTH PLAN ENROLLEES
- Collinsville man, St. Louis woman charged in Illinois health fraud case
- Enrolling in Medicare
- Health Insurers Are Seeking Rate Hikes Again. Here Is What To Know
More Health/Employee Benefits NewsLife Insurance News
- State Farm’s agency overhaul: What distribution can learn
- They Allegedly Enrolled People In Life Insurance Without Consent. Then Death Claims Paid Out
- How much do state residents need to retire comfortably?
- How executive benefits impact an estate plan
- Connecticut retirees face high savings hurdles
More Life Insurance News