Without the right planning, insurance transitions are left to clients to figure out. In some cases, clients could be overpaying or exposed to penalties for missed deadlines.
Wouldn't it be great to understand clients' personalized healthcare costs down to the level of prescription drug costs? Now you can.
There are great agents out there, but at the end of the day, they make money based on commissions and often don't represent all options. We're different.
During a HealthPlan Analysis, Caribou identified insurance denials and out-of-network costs. The analysis indicated that adequate network care wasn’t available on the family's current plan and advised to pursue an appeal of the denial of coverage on that basis.
With the support of excellent record keeping by the client, an appeal documenting the lack of in-network care was submitted and the denial was overturned. This resulted in a refund of more than $76,000 to the family.
How Caribou's team of Healthcare Advisors assisted:
Brian was better informed about his options while making decisions, and him and his financial advisor felt confident about the mother's needs and the associated costs.