Risks Ahead. Healthcare Costs – Your out-of-pocket can be financially ruinous

Risks Ahead. Healthcare Costs – Your out-of-pocket can be financially ruinous

Medical procedures, including emergency care, can be financially ruinous when billed at out-of-network rates. Pennsylvania’s Insurance commissioner has proposed that residents be liable for nothing more than they would pay a provider for in-network service, even when receiving out-of-network care. Providers and insurers would be called upon to settle any additional payments.

To learn more about the proposal, visit the Pennsylvania Insurance Department’s website by clicking here.

When there is risk ahead, you can count on KMRD Partners Risk and Insurance Solutions for a common sense approach to risk management and transference through insurance coverage.  KMRD Partners structured risk management process provides clients a competitive advantage, reducing their cost of risk while improving their operational efficiency.

For Healthcare related tidbits, click here.

Please contact your KMRD Partners relationship manager or e-mail us at contactus@kmrdpartners.com to review your insurance policies before one minute from normal strikes.

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