In this article, Donna Rosato discusses how contrary to popular belief, paying for medical care with your insurance might not always be the cheapest route. While it’s true that insurers negotiate discounted rates for their members, those rates aren’t always as low as the health care provider’s cash rate of paying upfront for care.
Why? Health care providers find great value in getting paid upfront for services. Not only do they not have to file claims and wait for reimbursement, they don’t need to pay administrative staff to do so either.
At Sidecar Health, we enable our members to take advantage of these cash discounts by providing them with a Visa payment card to use for their services. Our members don’t need to worry about getting the best possible price, and there are no surprise bills later down the road.
Read the full article from Consumer Reports
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