Verification of Benefits
This initial step is crucial for ensuring that a patient’s treatment is covered by their insurance. Verifying active coverage and understanding policy termination dates are essential when accepting new patients. While many believe that treating clients without in-network insurance is impossible, most insurance companies offer out-of-network benefits.
For in-network plans, we provide a comprehensive breakdown of insurance payments and patient responsibilities, including copays, coinsurance, deductibles, and out-of-pocket maximums. Additionally, we inform you of policy renewal dates to keep you aware of any cost changes.
For out-of-network plans, we gather similar information, although the exact payment amount may vary. Insurance companies often reference their “allowed amount” without disclosing the actual figure. This uncertainty about costs can be stressful. To address this, our team maintains a detailed record of past out-of-network payments for each insurance provider, enabling us to provide more accurate estimated quotes.
When completing a VOB, simply provide the client’s name, date of birth, address, and a copy of their insurance card. We will handle the rest and promptly deliver the detailed information you need.
Insurance Verification and Benefits Overview
In-Network Plans
For patients with in-network plans, we provide a comprehensive breakdown of insurance payments and patient responsibilities. This includes:
We want to make sure you’re always informed. We’ll let you know about your policy renewal dates, so you can be prepared for any changes in your insurance costs.
Out-of-Network Plans
For patients with out-of-network plans, we gather similar information, though exact costs can be less certain. Insurance companies often reference an “allowed amount” without specifying the exact figure, which can lead to uncertainty. To address this, we maintain detailed records of past out-of-network payments for each insurance provider, allowing us to provide more accurate cost estimates.
Easy Verification Process
To process Verification of Benefits (VOB), please provide us with the client’s name, date of birth, address, and a copy of their insurance card. We will promptly process the information and deliver a detailed report.
