Price transparency for goods and services should be simple and straight forward. When using health insurance, those costs and responsibilities can be confusing. In this video we break down some simple concepts to consider understanding your policy, how this could affect your associated physical therapy costs, how to interpret your bill and/or EOB, and how pricing differs between facilities. Gaining an understanding of your insurance policy and how physical therapy (and many other medical providers) is billed doesn't have to be brain surgery. We hope this video sheds some light and brings to you empowerment in making healthcare decisions.
Insurance premiums vs deductibles: 00:40
Co-insurance vs Co-pay: 03:00
Billing language (CPT codes): 07:50
Contract Pricing 16:25