New Vision Healthcare specializes in managing employee healthcare schemes that are self-funded through discretionary trusts. This allows companies to design customized benefit packages while avoiding insurance premium tax and controlling costs long-term. References from clients indicate they have experienced significantly lower costs compared to previous providers while maintaining good coverage. The document promotes the advantages of self-funding such as tax efficiency, flexibility, and long-term cost stability over traditional insurance.
iServices Alliance Solutions is a comprehensive health insurance solutions provider that has processed over 4500 claims worth more than Rs 13.5 crores. It offers various services to both healthcare providers and insurance holders, including empanelment assistance, an insurance help desk, claims processing, and reimbursement assistance. Founded in 2011 by three visionaries, iServices aims to excel in insurance services through innovation, professionalism, and customer-centric operations.
finance in dentistry is based on soben peter article said about the varies methods of financing in the world for dentistry and which i included some indian methods in financing as well as kerala.
CareMinders® Home Care, Inc. is a home care franchise system that offers both non-medical and medical home care services. The franchise is led by an experienced executive team with over 70 years of combined experience in business, home care, and healthcare. Franchisees are provided with extensive initial and ongoing training, support services, and the opportunity to serve both non-medical and medical home care clients of all ages in their designated territory.
HUB International provides insurance brokerage and risk consulting services to healthcare organizations across North America. They have a dedicated healthcare team with expertise in insuring hospitals, physician groups, senior living facilities and other healthcare clients. Their services include property and casualty insurance, medical malpractice, employee benefits consulting, and risk management services to help clients reduce costs and enhance performance.
Marsh U.S. Consumer provides business process outsourcing solutions for the insurance industry, including customer service, claims administration, billing, and other services. They have expertise in a wide range of insurance products and relationships with over 100 insurers. Outsourcing to Marsh allows insurance companies to focus on core activities while benefitting from Marsh's scale, technology, reliability and customer care.
The document discusses the challenges dental practices face with dental insurance, including limited information from insurance companies, preauthorizations only being issued to patients, and slow or partial payments. It provides strategies for dental practices to effectively manage dental insurance, such as educating patients on their responsibilities and utilizing forms and letters to inform patients of office policies. The entire dental team must be supportive of the practice's philosophy and approach regarding dental insurance.
The document discusses various mechanisms for payment of dental care services, including in India. It begins by outlining the common fee-for-service basis where patients pay providers directly for specific services. However, as dental care costs rise, most people cannot afford treatment. The document then examines several alternative payment methods including post-payment plans, private third-party prepayment plans such as insurance, and public programs. It notes that while fee-for-service remains most prevalent in India, access to dental care is still limited for many due to high costs.
This document summarizes a health insurance plan called Health Top-Up, which supplements coverage provided by the UK's National Health Service (NHS). It offers cash benefits for expenses like dental and optical care, therapies, hospital stays, ambulance costs, and advanced cancer drugs not covered by the NHS. The plan provides three levels of coverage and several optional extras like coverage for cancer screening, overseas medical costs, and reconstructive cosmetic surgery after an accident. It is administered by WPA, a not-for-profit organization, and premiums start at £1.79 per week. The summary highlights key details about covered and excluded benefits and claiming process.
iServices Alliance Solutions is a comprehensive health insurance solutions provider that has processed over 4500 claims worth more than Rs 13.5 crores. It offers various services to both healthcare providers and insurance holders, including empanelment assistance, an insurance help desk, claims processing, and reimbursement assistance. Founded in 2011 by three visionaries, iServices aims to excel in insurance services through innovation, professionalism, and customer-centric operations.
finance in dentistry is based on soben peter article said about the varies methods of financing in the world for dentistry and which i included some indian methods in financing as well as kerala.
CareMinders® Home Care, Inc. is a home care franchise system that offers both non-medical and medical home care services. The franchise is led by an experienced executive team with over 70 years of combined experience in business, home care, and healthcare. Franchisees are provided with extensive initial and ongoing training, support services, and the opportunity to serve both non-medical and medical home care clients of all ages in their designated territory.
HUB International provides insurance brokerage and risk consulting services to healthcare organizations across North America. They have a dedicated healthcare team with expertise in insuring hospitals, physician groups, senior living facilities and other healthcare clients. Their services include property and casualty insurance, medical malpractice, employee benefits consulting, and risk management services to help clients reduce costs and enhance performance.
Marsh U.S. Consumer provides business process outsourcing solutions for the insurance industry, including customer service, claims administration, billing, and other services. They have expertise in a wide range of insurance products and relationships with over 100 insurers. Outsourcing to Marsh allows insurance companies to focus on core activities while benefitting from Marsh's scale, technology, reliability and customer care.
The document discusses the challenges dental practices face with dental insurance, including limited information from insurance companies, preauthorizations only being issued to patients, and slow or partial payments. It provides strategies for dental practices to effectively manage dental insurance, such as educating patients on their responsibilities and utilizing forms and letters to inform patients of office policies. The entire dental team must be supportive of the practice's philosophy and approach regarding dental insurance.
The document discusses various mechanisms for payment of dental care services, including in India. It begins by outlining the common fee-for-service basis where patients pay providers directly for specific services. However, as dental care costs rise, most people cannot afford treatment. The document then examines several alternative payment methods including post-payment plans, private third-party prepayment plans such as insurance, and public programs. It notes that while fee-for-service remains most prevalent in India, access to dental care is still limited for many due to high costs.
This document summarizes a health insurance plan called Health Top-Up, which supplements coverage provided by the UK's National Health Service (NHS). It offers cash benefits for expenses like dental and optical care, therapies, hospital stays, ambulance costs, and advanced cancer drugs not covered by the NHS. The plan provides three levels of coverage and several optional extras like coverage for cancer screening, overseas medical costs, and reconstructive cosmetic surgery after an accident. It is administered by WPA, a not-for-profit organization, and premiums start at £1.79 per week. The summary highlights key details about covered and excluded benefits and claiming process.
Usual, customary and reasonable (UCR) fees are rates set by insurance companies to determine reimbursement amounts for medical procedures. UCR fees are influenced by geographic location and population size, with fees generally higher in more populated areas with higher costs of living. However, there is no standard or regulation for how insurance companies set UCR fees. Surveys of fees charged by doctors are conducted but data may be outdated by the time it is received and applied. As a result, UCR fees can vary widely between insurance companies and often do not adequately cover actual physician fees.
The counselors guide to private practicejaredkyledad
The document provides guidance for counselors establishing a private practice. It discusses establishing a professional identity, determining the ideal clientele and location for the practice, setting up an appropriate office space, obtaining necessary licenses and credentials, managing finances, billing practices, record keeping, marketing strategies, and taxes. The overall message is that counselors need to carefully consider these various practice management aspects to successfully operate a private counseling practice.
Concierge Benefit Services provides affordable healthcare solutions through telemedicine and other services. They offer 24/7 phone access to licensed physicians for common conditions through their proprietary telemedicine network. This provides unlimited consultations with no copays and saves members the expense of doctor's office visits. They also offer medical bill negotiation services that have averaged savings of $1,800 with insurance and $4,000 without. Their focus is making healthcare more accessible and affordable for individuals and employees of companies.
Bryson Financial Group provides employee benefits, retirement plans, property and casualty, and wealth management. They offer capabilities in areas like benefits communication, claims resolution, and legislative updates. Their mission is to create long-term client relationships and provide customized benefits strategies and intellectual capital based on over 60 years of combined industry experience. They assist clients with benefits negotiation, legislative guidance, claims issues, and annual renewal planning.
The document provides an overview of the various benefits available to employees at lynda.com, including:
- Medical insurance options through Anthem including HMO and PPO plans
- Dental and vision insurance through MetLife and VSP respectively
- Income protection through life insurance, AD&D, short-term disability, and long-term disability
- Voluntary benefits like supplemental life insurance
- Retirement savings through a 401(k) plan
- Spending accounts for health, dependent care and transportation expenses
- Paid time off and other perks like an employee assistance program and discounts.
The document provides details on the business plan for the Trajectory Infusion Center, an ambulatory infusion treatment center focused on cancer patients. Key points include:
- The center aims to make infusion therapy more accessible and affordable for patients by providing treatments in an outpatient setting.
- Services include chemotherapy, blood transfusions, and treatments for various conditions.
- The center's target market is cancer patients requiring chemotherapy in the local area.
- Competition includes hospital infusion services but the center aims to provide a better patient experience at lower cost.
- Financial projections include loans, expenses, and revenue from insurance payments and publicly funded programs.
Concierge Benefit Services provides affordable healthcare solutions including telemedicine benefits and medical bill negotiation. They offer 24/7 access to licensed physicians via phone or video consultations for common conditions. This reduces costs compared to visits to primary care doctors, urgent care clinics, or emergency rooms. Medical bill negotiation can save an average of 20-60% per bill. Their services aim to make healthcare more convenient and affordable for individuals and employees of companies.
This document defines various key terms related to health insurance:
1. It describes an actuary as an insurance professional responsible for determining premiums based on claims paid versus premiums collected to ensure profits.
2. It provides brief definitions for terms like admitting privilege, affordable care act, agent, beneficiary, benefit, brand name drug, broker, carrier, case management, certificate of insurance, claim, and COBRA.
3. It explains concepts such as coinsurance, copayment, credit for prior coverage, deductible, denial of claim, dependent, effective date, exclusion, explanation of benefits, fee for service, generic drug, group health insurance, and guaranteed issue.
We believe in the rewards of employee health. By listening, understanding and by partnering with you, we can deliver more than just a group benefits plan. Together we can deliver innovative benefits solutions for today and tomorrow. #SUNADVANTAGE is a solution for small business to help them reap the rewards of a healthier workforce.
The document summarizes an upcoming webinar for staffing agencies and PEOs about understanding and protecting against contractual risks when assuming customer liability. It provides details on the webinar topics, date, registration information and contact for the webinar hosted by Assurance Staffing. It also includes brief summaries of recent tax credit extensions for staffing companies and upcoming industry event details.
Sun Life Financial Inc. is an international financial services company known primarily as a life insurance company operating in over 50 countries. It provides a variety of insurance products including life, health, disability, critical illness, and long term care insurance. Sun Life uses an underwriting process to evaluate risks and classify policyholders to determine appropriate premiums. It has a strong claims management process that involves assessing claims, processing payments, and detecting fraud. While Sun Life is highly rated and has a large customer base, it faces challenges from increased competition and needs to improve its underwriting and claims processes to reduce costs and enhance customer loyalty.
Minimum Essential Coverage (MEC) plans with limited benefits and healthcare concierge services are described. MEC plans provide the minimum level of health insurance required under the Affordable Care Act to avoid penalties, through benefits like preventive care visits and generic prescriptions. Additional services include telemedicine, medical bill negotiation, and discounts. Employers can offer MEC plans to comply with ACA mandates while controlling costs. The document provides details on specific MEC plan options and support services available.
Request For On Site Medical Services PowerPoint Presentation SlidesSlideTeam
If your company needs to submit a Request For On Site Medical Services PowerPoint Presentation Slides look no further. Our researchers have analyzed thousands of proposals on this topic for effectiveness and conversion. Just download our template, add your company data and submit to your client for a positive response. https://bit.ly/334XJvK
The document provides an overview of Medicare parts A, B, C, and D as well as gaps in Medicare coverage and how Medicare supplement policies can help cover these gaps. It also discusses the agent support services offered by David Crotts & Associates, including product training, quote turnaround times, and a dedicated investment division to assist agents.
The document discusses options for patients who have been denied insurance coverage for weight loss surgery. It explains that coverage depends on the patient's employer and insurance plan. If denied initially, patients can request a peer-to-peer review with their surgeon and insurance medical director or get their company's human resources director to intervene on their behalf. It also provides advocacy strategies and alternative options to pursue the surgery through a reduced self-pay rate at certain centers.
Healthcare 2014: Realities and Opportunities, MD@UNasir Kamal, MD
This document discusses rising healthcare costs for employers and proposes a telehealth solution. It notes that healthcare premiums per employee rose to $10,475 in 2012 and up to 70% of doctor visits are unnecessary. The proposed solution, MD@U, allows unlimited access to licensed physicians via phone, text, or email for a low flat monthly fee per employee. This solution aims to reduce costs for employers by providing convenient medical care that avoids unnecessary office visits while improving employee satisfaction.
Corporate Benefits Brochure October 2014 emailDermot Monaghan
The document discusses Corporate Benefit Solutions provided by Infinity Corporate Benefits Ltd. It summarizes their services including group health insurance, life insurance, pension plans, and travel insurance. It states that Infinity receives compensation directly from product providers, does not charge fees for initial consultations, and only charges clients with prior approval. It also notes that Infinity has a global network of partner providers and is registered in the Republic of Seychelles.
BenefitDeck is a benefits consulting company that helps companies design and manage their benefits plans. It offers services like benefits plan customization, benchmarking, renewal analysis, wellness programs, and drug cost management. BenefitDeck prides itself on being independent and working for the best interests of its clients. It guarantees access to insurance company decision makers, specialization in benefits, accountability in claims payment, transparency, and independence from insurance providers.
Mental Health Billing And Credentialing Services For Solo Practitioners.pptxRichard Smith
Solo mental health practitioners play a vital role in the healthcare system, providing essential services to those in need of mental and emotional support. However, managing the administrative aspects of their practice, including mental health billing and credentialing, can be a significant challenge.
Mental Health Billing And Credentialing Services For Solo Practitioners.pdfRichard Smith
Solo mental health practitioners play a vital role in the healthcare system, providing essential services to those in need of mental and emotional support. However, managing the administrative aspects of their practice, including mental health billing and credentialing, can be a significant challenge.
This document summarizes the services of Cardon Outreach, a revenue cycle management company. They provide a full suite of services including eligibility screening, early out services, accounts receivable management, and disability advocacy. They work to maximize net patient revenue and reduce bad debt for over 800 healthcare clients. Key aspects of their approach include patient-centric screening using tablets, following up extensively with patients, rescreening patient files in real time, and combining payments for ease of resolution. They also work to increase payments through facility enrollment, claims editing, and negotiating quick settlements.
DML Capital Group offers healthcare providers working capital by purchasing their medical insurance claims receivables. They advance 80-90% of the estimated claim value up front and the provider can continue collecting any remaining patient balances. This improves cash flow without adding debt to the provider's balance sheet. DML focuses on the creditworthiness of the insurance companies rather than the provider. Their funding can help providers meet financial obligations and expand services, with amounts available from $500k to $25 million at competitive rates.
Usual, customary and reasonable (UCR) fees are rates set by insurance companies to determine reimbursement amounts for medical procedures. UCR fees are influenced by geographic location and population size, with fees generally higher in more populated areas with higher costs of living. However, there is no standard or regulation for how insurance companies set UCR fees. Surveys of fees charged by doctors are conducted but data may be outdated by the time it is received and applied. As a result, UCR fees can vary widely between insurance companies and often do not adequately cover actual physician fees.
The counselors guide to private practicejaredkyledad
The document provides guidance for counselors establishing a private practice. It discusses establishing a professional identity, determining the ideal clientele and location for the practice, setting up an appropriate office space, obtaining necessary licenses and credentials, managing finances, billing practices, record keeping, marketing strategies, and taxes. The overall message is that counselors need to carefully consider these various practice management aspects to successfully operate a private counseling practice.
Concierge Benefit Services provides affordable healthcare solutions through telemedicine and other services. They offer 24/7 phone access to licensed physicians for common conditions through their proprietary telemedicine network. This provides unlimited consultations with no copays and saves members the expense of doctor's office visits. They also offer medical bill negotiation services that have averaged savings of $1,800 with insurance and $4,000 without. Their focus is making healthcare more accessible and affordable for individuals and employees of companies.
Bryson Financial Group provides employee benefits, retirement plans, property and casualty, and wealth management. They offer capabilities in areas like benefits communication, claims resolution, and legislative updates. Their mission is to create long-term client relationships and provide customized benefits strategies and intellectual capital based on over 60 years of combined industry experience. They assist clients with benefits negotiation, legislative guidance, claims issues, and annual renewal planning.
The document provides an overview of the various benefits available to employees at lynda.com, including:
- Medical insurance options through Anthem including HMO and PPO plans
- Dental and vision insurance through MetLife and VSP respectively
- Income protection through life insurance, AD&D, short-term disability, and long-term disability
- Voluntary benefits like supplemental life insurance
- Retirement savings through a 401(k) plan
- Spending accounts for health, dependent care and transportation expenses
- Paid time off and other perks like an employee assistance program and discounts.
The document provides details on the business plan for the Trajectory Infusion Center, an ambulatory infusion treatment center focused on cancer patients. Key points include:
- The center aims to make infusion therapy more accessible and affordable for patients by providing treatments in an outpatient setting.
- Services include chemotherapy, blood transfusions, and treatments for various conditions.
- The center's target market is cancer patients requiring chemotherapy in the local area.
- Competition includes hospital infusion services but the center aims to provide a better patient experience at lower cost.
- Financial projections include loans, expenses, and revenue from insurance payments and publicly funded programs.
Concierge Benefit Services provides affordable healthcare solutions including telemedicine benefits and medical bill negotiation. They offer 24/7 access to licensed physicians via phone or video consultations for common conditions. This reduces costs compared to visits to primary care doctors, urgent care clinics, or emergency rooms. Medical bill negotiation can save an average of 20-60% per bill. Their services aim to make healthcare more convenient and affordable for individuals and employees of companies.
This document defines various key terms related to health insurance:
1. It describes an actuary as an insurance professional responsible for determining premiums based on claims paid versus premiums collected to ensure profits.
2. It provides brief definitions for terms like admitting privilege, affordable care act, agent, beneficiary, benefit, brand name drug, broker, carrier, case management, certificate of insurance, claim, and COBRA.
3. It explains concepts such as coinsurance, copayment, credit for prior coverage, deductible, denial of claim, dependent, effective date, exclusion, explanation of benefits, fee for service, generic drug, group health insurance, and guaranteed issue.
We believe in the rewards of employee health. By listening, understanding and by partnering with you, we can deliver more than just a group benefits plan. Together we can deliver innovative benefits solutions for today and tomorrow. #SUNADVANTAGE is a solution for small business to help them reap the rewards of a healthier workforce.
The document summarizes an upcoming webinar for staffing agencies and PEOs about understanding and protecting against contractual risks when assuming customer liability. It provides details on the webinar topics, date, registration information and contact for the webinar hosted by Assurance Staffing. It also includes brief summaries of recent tax credit extensions for staffing companies and upcoming industry event details.
Sun Life Financial Inc. is an international financial services company known primarily as a life insurance company operating in over 50 countries. It provides a variety of insurance products including life, health, disability, critical illness, and long term care insurance. Sun Life uses an underwriting process to evaluate risks and classify policyholders to determine appropriate premiums. It has a strong claims management process that involves assessing claims, processing payments, and detecting fraud. While Sun Life is highly rated and has a large customer base, it faces challenges from increased competition and needs to improve its underwriting and claims processes to reduce costs and enhance customer loyalty.
Minimum Essential Coverage (MEC) plans with limited benefits and healthcare concierge services are described. MEC plans provide the minimum level of health insurance required under the Affordable Care Act to avoid penalties, through benefits like preventive care visits and generic prescriptions. Additional services include telemedicine, medical bill negotiation, and discounts. Employers can offer MEC plans to comply with ACA mandates while controlling costs. The document provides details on specific MEC plan options and support services available.
Request For On Site Medical Services PowerPoint Presentation SlidesSlideTeam
If your company needs to submit a Request For On Site Medical Services PowerPoint Presentation Slides look no further. Our researchers have analyzed thousands of proposals on this topic for effectiveness and conversion. Just download our template, add your company data and submit to your client for a positive response. https://bit.ly/334XJvK
The document provides an overview of Medicare parts A, B, C, and D as well as gaps in Medicare coverage and how Medicare supplement policies can help cover these gaps. It also discusses the agent support services offered by David Crotts & Associates, including product training, quote turnaround times, and a dedicated investment division to assist agents.
The document discusses options for patients who have been denied insurance coverage for weight loss surgery. It explains that coverage depends on the patient's employer and insurance plan. If denied initially, patients can request a peer-to-peer review with their surgeon and insurance medical director or get their company's human resources director to intervene on their behalf. It also provides advocacy strategies and alternative options to pursue the surgery through a reduced self-pay rate at certain centers.
Healthcare 2014: Realities and Opportunities, MD@UNasir Kamal, MD
This document discusses rising healthcare costs for employers and proposes a telehealth solution. It notes that healthcare premiums per employee rose to $10,475 in 2012 and up to 70% of doctor visits are unnecessary. The proposed solution, MD@U, allows unlimited access to licensed physicians via phone, text, or email for a low flat monthly fee per employee. This solution aims to reduce costs for employers by providing convenient medical care that avoids unnecessary office visits while improving employee satisfaction.
Corporate Benefits Brochure October 2014 emailDermot Monaghan
The document discusses Corporate Benefit Solutions provided by Infinity Corporate Benefits Ltd. It summarizes their services including group health insurance, life insurance, pension plans, and travel insurance. It states that Infinity receives compensation directly from product providers, does not charge fees for initial consultations, and only charges clients with prior approval. It also notes that Infinity has a global network of partner providers and is registered in the Republic of Seychelles.
BenefitDeck is a benefits consulting company that helps companies design and manage their benefits plans. It offers services like benefits plan customization, benchmarking, renewal analysis, wellness programs, and drug cost management. BenefitDeck prides itself on being independent and working for the best interests of its clients. It guarantees access to insurance company decision makers, specialization in benefits, accountability in claims payment, transparency, and independence from insurance providers.
Mental Health Billing And Credentialing Services For Solo Practitioners.pptxRichard Smith
Solo mental health practitioners play a vital role in the healthcare system, providing essential services to those in need of mental and emotional support. However, managing the administrative aspects of their practice, including mental health billing and credentialing, can be a significant challenge.
Mental Health Billing And Credentialing Services For Solo Practitioners.pdfRichard Smith
Solo mental health practitioners play a vital role in the healthcare system, providing essential services to those in need of mental and emotional support. However, managing the administrative aspects of their practice, including mental health billing and credentialing, can be a significant challenge.
This document summarizes the services of Cardon Outreach, a revenue cycle management company. They provide a full suite of services including eligibility screening, early out services, accounts receivable management, and disability advocacy. They work to maximize net patient revenue and reduce bad debt for over 800 healthcare clients. Key aspects of their approach include patient-centric screening using tablets, following up extensively with patients, rescreening patient files in real time, and combining payments for ease of resolution. They also work to increase payments through facility enrollment, claims editing, and negotiating quick settlements.
DML Capital Group offers healthcare providers working capital by purchasing their medical insurance claims receivables. They advance 80-90% of the estimated claim value up front and the provider can continue collecting any remaining patient balances. This improves cash flow without adding debt to the provider's balance sheet. DML focuses on the creditworthiness of the insurance companies rather than the provider. Their funding can help providers meet financial obligations and expand services, with amounts available from $500k to $25 million at competitive rates.
ClaimLinx is a benefits administration company that provides consulting services to help companies lower their healthcare costs through innovative plan designs. They utilize a tax law that allows employers to purchase lower-cost insurance plans and reimburse employees' medical costs directly. This can reduce costs by 10-80% compared to traditional benefits. Several clients provide testimonials praising ClaimLinx for the significant money they have saved their companies through this approach. ClaimLinx has over 6,000 members nationwide and helps companies design customized benefits plans to meet their needs.
You know medical billing is a crucial part of your private practice, but why exactly is it so vital? This presentation explains why medical billing is a matter of survival. Claims must be submitted in a timely manner in order for physicians to get paid for their services.
Looking for ways to maximize reimbursement? Interested in outsourcing your medical billing?
Visit Our Website: http://www.CaptureBilling.com/
MediClaims Inc. is a leader in providing modern healthcare solutions for the healthcare industry. At MediClaims, we endeavor to make start up easy for you and take the burden of reimbursement off from you and your staff.
MediClaims Inc. is a leader in providing modern healthcare solutions for the healthcare industry. At MediClaims, we endeavor to make start up easy for you and take the burden of reimbursement off from you and your staff.
This document summarizes the commercial insurance options offered by National Advisors Group, an insurance broker. It outlines various types of commercial insurance policies like general liability, workers compensation, commercial property, commercial auto, errors and omissions, excess liability, business owners policy, and commercial flood. It encourages businesses to contact National Advisors Group for a free consultation to design a customized commercial insurance plan to protect their business and avoid potential losses. National Advisors Group works with A-rated carriers and provides a personalized approach to selecting the best insurance options suited to each business's unique needs.
Take a deeper look at the operations of PayerFusion. Learn about the services we provide, how we can help better the healthcare industry, and the benefits of partnering with us.
Claimex is a medical billing company that helps medical facilities establish, maintain, and improve their claims collection processes. They specialize in reducing denials and maximizing payments through a collaborative approach. Claimex can collect claims that were previously denied or filed incorrectly using their expertise in areas like HMO, Medicare, and Medicaid claims. They also offer consultation services to analyze clients' billing processes, identify problems, and train their teams to start billing with more confidence.
Insuring yourself against the risk of incurring medical expenses is important. However, before choosing the health insurance policy, it is important to know more about the different health insurance plans. This SlideShare provides more information about medical insurance and its benefits. http://bit.ly/1pHFP90
This document promotes an employee benefits program that provides local support to handle employee questions, assists with benefits plan set up and renewals, and negotiates with insurance carriers, boasting a 94% retention rate. The program serves over 5400 construction employees in British Columbia and relieves clients of much of the work associated with benefits administration.
A medical billing company provides complete revenue cycle management services including insurance eligibility verification, patient demographic entry, medical coding, charge entry, payment posting, accounts receivable management, and credentialing. They take care of the entire billing process from start to finish to allow medical practices to focus on patient care. Outsourcing to an experienced medical billing company like MGSI provides practices access to certified coders, fee schedule updates, billing software, and financial analytics to optimize reimbursements.
Our patient accounts staff answers to frequently asked billing questions at Summit Medical Group. Topics include bringing your insurance card to all medical visits, the ABC's of co-pays, deductibles and co-insurance, and the difference between in-network and out-of-network services.
This document provides an overview of health insurance. It defines health insurance as insurance that covers medical and surgical expenses. It explains why health insurance is needed to protect against high, unexpected medical costs and make quality treatment affordable. It then describes different types of health insurance plans including HMOs, PPOs, and high-deductible plans. The document provides steps for obtaining health insurance, filing claims, and surrendering a policy. It also outlines advantages and disadvantages of health insurance as well as tips to avoid health insurance scams.
The leading medical billing outsources company Medical Billing Outsource provides end-to-end quality revenue cycle management services for the healthcare service providers that helps them find more time to concentrate on patients’ treatment while their medical bills are prepared by the experts for faster payment.
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Easy Earnings Through Refer and Earn Apps Without KYC.pptxFx Lotus
Learn how to make extra money with refer and earn apps that don’t require KYC. Find out the advantages, top apps, and strategies to boost your earnings quickly and easily.
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Adani Group Requests For Additional Land For Its Dharavi Redevelopment Projec...Adani case
It will bring about growth and development not only in Maharashtra but also in our country as a whole, which will experience prosperity. The project will also give the Adani Group an opportunity to rise above the controversies that have been ongoing since the Adani CBI Investigation.
Discover the Beauty and Functionality of The Expert Remodeling Serviceobriengroupinc04
Unlock your kitchen's true potential with expert remodeling services from O'Brien Group Inc. Transform your space into a functional, modern, and luxurious haven with their experienced professionals. From layout reconfiguration to high-end upgrades, they deliver stunning results tailored to your style and needs. Visit obriengroupinc.com to elevate your kitchen's beauty and functionality today.
Adani Group's Active Interest In Increasing Its Presence in the Cement Manufa...Adani case
Time and again, the business group has taken up new business ventures, each of which has allowed it to expand its horizons further and reach new heights. Even amidst the Adani CBI Investigation, the firm has always focused on improving its cement business.
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Enhancing Adoption of AI in Agri-food: IntroductionCor Verdouw
Introduction to the Panel on: Pathways and Challenges: AI-Driven Technology in Agri-Food, AI4Food, University of Guelph
“Enhancing Adoption of AI in Agri-food: a Path Forward”, 18 June 2024
[To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Unlock the full potential of the MECE (Mutually Exclusive, Collectively Exhaustive) Principle with this comprehensive PowerPoint deck. Designed to enhance your analytical skills and strategic decision-making, this presentation guides you through the fundamental concepts, advanced techniques, and practical applications of the MECE framework, ensuring you can apply it effectively in various business contexts.
The MECE Principle, developed by Barbara Minto, an ex-consultant at McKinsey, is a foundational tool for structured thinking. Minto is also renowned for the Minto Pyramid Principle, which emphasizes the importance of logical structuring in writing and presenting ideas. This presentation includes a clear explanation of the MECE principle and its significance. It offers a detailed exploration of MECE concepts and categories, highlighting how to create mutually exclusive and collectively exhaustive segments. You will learn to combine MECE with other powerful business frameworks like SWOT, Porter's Five Forces, and BCG Matrix. Discover sophisticated methods for applying MECE in complex scenarios and enhancing your problem-solving abilities. The deck also provides a step-by-step guide to performing thorough and structured MECE analyses, ensuring no aspect is overlooked. Insider tips are included to help you avoid common mistakes and optimize your MECE applications.
The presentation features illustrative examples from various industries to show MECE in action, providing practical insights and inspiration. It includes engaging group activities designed for the practice of the MECE principle, fostering collaborative learning and application. Key takeaways and success factors for mastering the MECE principle and applying it in your professional work are also covered.
The MECE Principle presentation is meticulously designed to provide you with all the tools and knowledge you need to master the MECE principle. Whether you're a business analyst, manager, or strategist, this presentation will empower you to deliver insightful and actionable analysis, drive better decision-making, and achieve outstanding results.
LEARNING OBJECTIVES:
1. Understand the MECE Principle
2. Improve Analytical Skills
3. Apply MECE Framework
4. Enhance Decision-Making
5. Optimize Resource Allocation
6. Facilitate Strategic Planning
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Nvh flyer apr 2011 final1
1. “Your 21st Century Private
Healthcare Solution”
The self-funding in trust specialists!
2. In Good Company...
Don’t just take our word for it; here’s what some of our clients have
to say about working with New Vision Healthcare.
New Vision Healthcare presented us with a rescue
package with vastly reduced subscription costs compared to
our previous healthcare provider. Their careful stewardship of
our funds has presented us with a healthy, thriving scheme. As
a staff association for an emergency service, we value these
features greatly.
Bob Pitt, Chairman, South Yorkshire Police Federation
Controlling costs is crucially important to us, while
continuing to offer the best possible level of cover for our staff.
The trust based concept has certainly worked for us.
Peter Casey, Managing Director, Casey Group
Call us on 0845 625 1223
or email us at enquiries@newvisionhealthcare.co.uk
We’re looking forward to hearing from you.
3. Who we are
New Vision Healthcare was created by a team of Harley Street
specialists, together with experienced private healthcare benefits
professionals to provide the medium and larger sized company with the
most tax efficient, cost-effective and flexible solution to the problem of
ever rising private medical insurance costs.
We are also pleased to provide our services to smaller companies
who have a genuine desire to self-fund their employee’s private medical
treatment in trust.
We specialise in the management of employee healthcare schemes
operating under discretionary trust. This allows a more flexible approach
to benefit provision as well as providing bespoke benefit structures, claims
management and administration that ultimately delivers significantly better
value for your company’s healthcare budget.
4. New Vision Healthcare Limited Our associated companies have
embraces a number of first class many leading brand companies in
facilities and services: the following industries:
• Health Negotiator Ltd - a • Oil, Gas, Mining
medical services procurement • Retail
facility set up to source the most
suitable treatment at the most • Engineering
favourable terms, in both the UK • Banking & Finance
and worldwide
• Insurance
• Multiplex Healthtrust Ltd - an
• Legal
independent healthcare scheme
administrator offering state of • Media
the art, on-line administration • Telecommunications
facilities for self-funded
healthcare trusts We have been administering self-
• Call a Doctor Ltd - the world funding private medical treatment
wide telephone GP consultation in trust for companies, private
service provider and public sector organisations
and affinity groups as well as
• Your Excellent Health Service
professional sports clubs and
Ltd - team headed by Dr Charlie
colleges since 1985.
Easmon at No 1 Harley Street,
leading occupational healthcare
advisor
5. Self-funding in trust v Private
medical insurance
Self-funding Medical insurance
170
150
Contributions (£000)
130
110
90
70
50
0
1st 2nd 3rd 4th 5th
Years
This graph clearly illustrates that the effective
claims management and cost control of self-funding employee’s
private medical treatment will stabilise your company’s private healthcare
benefit costs in both the short and long term.
In the USA, 90% of large companies choose to use self-funding private
medical treatment in trust as the preferred funding option, and now you
can see why.
6. What is self-funding in trust?
Self-funding employees’ private • The claims process is the same
medical treatment in trust is really with bills settled direct with the
straightforward. In fact, about 80% medical provider
is the same as for private medical
insurance. For example: • The reporting of group joiners
and leavers is the same
• Employees can be covered for
existing and on-going medical • The claims reporting and
conditions analysis is much better because
your company can see the up to
• Your company can choose to date picture as at the previous
transfer the existing benefits into days close of business
trust
7. Why is self-
funding in trust Self-funding in trust management
better for your charges are always lower than
medical insurance charges and our
company? charges include:
Although self-funding in trust is 80%
• The trust deed
the same as for private medical
insurance, for the remaining 20%, • Service level agreement
please forget everything you know • Providing bespoke membership
about private medical insurance. handbooks
• Providing trustees
Self-funding in trust is as close as
• Claims administration
your company can be to having
your own internal department • On-line trust administration
looking after the private medical • On-line claims reporting and
treatment needs of your employees. analysis
Apart from being tax efficient, self- Your human resources department
funding employee’s private medical can look forward to spending less
treatment in trust can be tailor time on dealing with the company’s
made straight away or over time to private healthcare benefits and
your own company’s specification your company can enjoy long term
until it fits like a hand made glove. stability of private medical costs.
8. How do we
reduce your
company’s private
medical costs?
Private hospitals around the country
always have plenty of empty beds
to fill and our experienced team
can negotiate a fixed price that
will deliver a substantial discount
off private hospital charges.
Your company’s private healthcare We also attract additional
requirements could be: discounts for pre-admission
payment of the hospital’s bills.
• To provide employees private
medical benefits without paying When high cost claims such as
insurance premium tax – cancer occur then, subject to your
currently 6% company’s instructions, we can case
• To substantially reduce the manage the treatment into NHS
cost of administration and centres of excellence, saving your
management charges company’s trust fund substantial costs.
• To benefit from the lowest cost We can build effective cost
of private medical treatment containment measures into the
available within the employee’s benefit design, to your company’s
local area exact specification.
• The ability to have a tailor made
benefits schedule to suit your The benefit design can also build
company’s specific needs or in affordable preventative treatment
retain the existing benefits - its to reduce the incidence of more
your client’s choice expensive acute claims.
• To enjoy a tailor made service All this adds up to a substantial
that fully meets your client saving for your client company of
company’s own high quality up to 25% - including re-admission
standards to hospital for any complications.
9. Our aim is to achieve the lowest • Cost of claims typically up to
possible private hospital charges 25% lower than equivalent
every time your company’s medical insurance cover
employee needs private hospital • Interest paid on surplus funds
treatment. held in trust
• Client company branded
The private medical literature
insurance companies • Maximum claims liability limit
available
do none of the above! • High quality product and
service proposition for your
client company’s staff
The advantages • Nurse led claims management
of self-funding in • Web access for Group
trust are: Administrators for up to the
minute claims and policy
• No insurance premium tax to pay information, 24-hours per day
• Ability to design bespoke • Employee access via web to
benefit package policy and claims information,
documentation and information
10. Your company’s trust can buy
insurance protection
The good news is almost all companies that buy private medical treatment
in trust operate a surplus of funds over a typical five-year period but there
will always be a year when several catastrophe claims occur and claims
exceed expectations.
For companies running a surplus balance carried forward from previous
years the impact of catastrophe claims can be absorbed. If there are
insufficient or no surplus funds held in trust then an insurance stop loss
policy can limit the trust’s liability to a known maximum.
Either way, the risk can be contained to the client company’s satisfaction.
Your company trust can:
• Hold the surplus funds in trust to
reduce both the renewal costs
and the employee’s benefit in
kind tax
• Use the surplus funds to buy
additional benefits
• Retain the surplus funds in trust
as a provision against a future
higher than average claims
experience
• The company can have a
contribution holiday until the
surplus funds have all been used
to pay claims
11. On-line
administration
Your company will be able to add If you find your medical insurance
or remove employees by email. company is failing to contain costs
then discussing with New Vision
The latest claims, medical Healthcare the advantages of
management information and using our services will be the first
claims analysis will be available step to effective and long term cost
on-line. All information will be up to management.
date from the previous working day.
If you would prefer your advisors
There will be secure access to to talk to us about why our 21st
claims and medical management century approach to the tax
information for authorized persons. efficient and cost effective methods
we use then, please pass this
Self-funding private medical treatment brochure on.
in trust is the only growth area in the
private medical benefits industry as
confirmed by independent experts
Laing & Buisson.
12. To enjoy a tailor made service that fully
meets your own company’s high standards.
Contact us now for a no obligation meeting!
Booths Park No1, Booths Park, Chelford Road, Knutsford, Cheshire WA16 8GS
t: +44 (0) 845 625 1223 f: +44(0) 179 433 0090 e: enquiries@newvisionhealthcare.co.uk
www.newvisionhealthcare.co.uk