In 2018, over 91% of Americans had health insurance coverage for at least part of the year.
A lot of people will health insurance will never have to make a claim. For a significant minority, however, the claims process will become very familiar.
Making a health insurance claim can be a long-winded affair, especially if you’ve suffered an especially complex or expensive injury.
Read on as we share our top tips to get you through the process.
Top Tips for Making a Health Insurance Claim
There are a few different things to keep in mind when you’re filing for a health insurance claim. We’ve gone over the most important points here.
There can sometimes be a temptation to conceal or exaggerate certain details when filling out claim forms or when talking to your doctor. You must not do this, as it could jeopardize your entire claim.
If an insurance company can find evidence that you haven’t been honest with them, you might see your health insurance claim denied.
Know Your Exclusions & Your Deductible
When you make a claim, the resulting money should be enough to cover most of your expenses. However, it won’t be enough to pay for everything.
Most insurance policies have a deductible, which is an amount that the claimant must cover themselves before insurance money will be available. Exclusions may also be applicable; these are scenarios in which coverage will be unavailable.
Keep Track of Your Documentation
If your claim is a complex one, you can expect to fill out quite a lot of paperwork. Make sure to keep copies and records of everything you fill out, as you may need to account for it all later.
Don’t Do It Alone
Insurance claims can be complex, especially if you don’t have much experience with them. If you omit details, get things wrong, or miss deadlines, you will have to wait much longer for your payout.
With this in mind, it can be a good idea to enlist help when you’re going through the claims process. Don’t be afraid to reach out to your insurance company if you have questions or concerns. For bigger or more complex claims, hiring a lawyer might be a good idea.
Where to Go for Health Insurance
If you’re currently deciding where you should buy your policy, you should know that you have plenty of choices. Even if you have Medicare, a supplement to it from a private insurer might be wise, depending on your circumstances.
Make sure to pick a policy that covers all your needs. It’s better to spend a little extra on your policy than risk not being covered in the event of a serious illness or injury.
Making Claims the Right Way in 2020
Making a health insurance claim can be a daunting process. There can be a huge amount of documentation to see to, and the penalty for getting details wrong is an even longer wait for your payment.
The tips above should help you to expedite the process and access your money as soon as possible.
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