Wellness benefits are typically covered in full by a Qualified Health Plan under the Affordable Care Act or through Medicare programs. This benefit provides a cash benefit to you for receiving routine wellness care even when your major medical plan pays for physician’s charges. The wellness benefit does not have a provider network, so you may see any doctor for your wellness care – even someone outside of your major medical plans provider network.
Benefit pays a daily amount selected at enrollment for a covered person associated with wellness visits and diagnostic testing as defined in the policy certificate.
Why FlexBenefits?
By Brian Dow, President When asked why we created FlexBenefits, the answer is clear: to address the growing burden of out-of-pocket expenses faced by many individuals in various health plans. This issue is not limited to the individual ACA market but extends to the Medicare Advantage market and the small group markets. Deductibles continue to […]
15 Aug, 2024
FlexBenefits on BenefitsPRO: Protect Workers From Medical Debt
In a new article for BenefitsPRO, FlexBenefits founder Jeff Smedsrud draws attention to the crushing out-of-pocket costs faced by many people and discusses the need to protect people from medical debt. Smedsrud, a longtime benefits player, makes the case for supplemental insurance as a needed solution to help consumers safeguard their health and family finances. […]
25 Jul, 2024
The Financial Burden of a Critical Illness Diagnosis
Critical illnesses like cancer, heart attack or stroke are a huge burden not just emotionally and physically but also financially. The cost of initial care, prescription drugs, and follow-up treatment can run in the hundreds of thousands of dollars. No matter your health insurance coverage, this burdens patients and caregivers. What’s in this article How […]
24 Apr, 2024