Create a Simple Billing Statement Sample for Support with Ease

Simple billing statement sample for Support

a smooth and easy healthcare experience starts with understanding your statement and the payment options available to you it's helpful to know a few key terms that apply to most plans when it comes to billing you're responsible for your premium co-pay deductible and coinsurance every month you pay a premium your premium is just what you pay blue shield of california to have health coverage generally the higher your premium the lower your deductible don't miss a payment on your premium set up auto pay through your member account and have your payments made automatically just one less thing to worry about every year you have an out-of-pocket maximum which is the absolute most you will pay for covered services annually depending on your plan type you'll reduce out-of-pocket costs when you go to in-network providers that's because providers agree to allowable amounts with blue shield which are set prices they can charge you for services when you go to see your doctor or pharmacist there's usually a copay for your visit or prescription the cost of care will be part of your deductible and contributes to your out-of-pocket maximum not all plans have a deductible you can check yours on the member dashboard if your plan has a deductible it's simply the amount of money you're responsible for paying before blue shield starts to pay the cost or a portion of the cost of covered services it's important to consider your deductible as this can affect the cost of unexpected medical bills and monthly fees once your deductible is met you may have to pay a copay or coinsurance depending on your plan this just means you will share your medical costs with blue shield if your co-insurance is 40 blue shield will pay the remaining 60 once the out-of-pocket maximum is reached blue shield will cover 100 of your costs for covered services for the remainder of the year we understand that health care statements can be complicated by utilizing the information and tools on our website you can be confident in managing your health care every step of the way