The health of you and your loved ones is one of the most important priorities you have to consider every day. All of the “healthy” checkboxes you have to mark off can be overwhelming.
On top of all that, you have your particular health insurance plan to consider: premiums, maximum out-of-pocket expenses, in-network, out-of-network and deductibles.
Understanding that last one, your deductible, is what this article is about.
What is a health insurance deductible?
Your health insurance deductible is the amount you have to pay out-of-pocket for covered health care services before your insurance begins to contribute actual costs. Premiums paid to your health insurance carrier and expenses not covered under your plan do not count towards meeting your deductible or your out-of-pocket expenses.
Once you fully meet your deductible, you only pay your copayment.
Determining which insurance plan works best for you means knowing how healthy you are. High-deductible plans make sense for people who are generally healthy and for those without young children. If you are not in the best of health and you have kids, plans with lower deductibles and higher premiums are typically more attractive.
Focus on your health
At Warner Family Practice our priority is always 100% on your health. We are always aware of the financial considerations for treatments and services, however, our providers do not withhold their treatment recommendations based on your particular insurance plan.
Often, individuals and families will put a greater emphasis on the details of their deductibles and place a smaller emphasis on what’s best for health. We encourage all of our patients to make decisions based on need in conjunction with what your provider recommends.
“I really like what you do here in wellness now, you talk to us, you talk about money, we make a choice together. We say that ‘these are all recommended on your family risk factors.’” – Warner Family Practice Patient
How Our Providers Handle Orders and Referrals
As mentioned above, we are very aware of financial considerations when it comes to health care services and treatments. This is why we encourage every patient to participate in a yearly comprehensive physical. The data acquired through this annual physical gives you and your provider the ability to avoid illnesses you may be prone to, as well as creating a strategic plan for treating any illness you may currently be living with.
The more data you have about your health, the more prepared you will be with maximizing your health plan benefits year-to-year and meeting your deductible at a favorable pace.
How Our Providers Handle Orders
Our providers never delete orders, prescriptions or treatment recommendations. We present you with your options and leave you to make the choice of what you will do and what you won’t do.
Working with your doctor or other health care provider to make decisions regarding your health, is a win for you and for your family. Balancing the health consideration with finances is delicate, and getting ahead of those decisions will help you plan.
Consider the benefits of prioritizing your health over your deductible: you will feel better which means you will have more energy, you will be able to play with your kids/grandkids or hike Camelback Mountain. Worrying about money is not good for your health. Look at it this way, you will always figure out how to earn more money – you can’t always get your health back.
You Should Be In Direct Contact with Your Insurance Carrier
Insurance and healthcare have become increasingly complex. If you have any questions about your current insurance coverage and in-network availability, please contact your insurance carrier with the name of your provider, as well as our office.
If you have questions regarding scheduling for early 2017, please contact our office at 480.831.8457.
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