Why Would You Pay For Your Own Medical Supplies?
Insurance is great except . . .
The are many reason people come to Medical Monks to buy their medical supplies. Great prices, fast shipping, knowledgeable customer care associates, the list goes on . . . but why on earth would anyone pay for their own medical supplies?
We talk to a lot of customers who call us and want to place a phone order for their medical supplies. Customers share their situation and many are quick to tell us why they are calling and paying for their own supplies. Here are the top 5 reasons they give:
1. No Health Insurance
- If you don’t have health insurance, but have a chronic illness, you will need to pay cash for your medical supplies. However, unfortunately many in this situation forgo treating their chronic condition with the medical supplies they need.
2. High-Deductible Health Plan
- Many Americans now have higher deductibles to meet before their health insurance benefits kick in. While we understand that having a higher deductible usually means lower monthly premiums and that some benefits, like preventative care, are covered before you meet your deductible, almost all plans require you meet your entire individual or family deductible before your supplies are covered. Especially at the beginning of the year, this can mean paying entirely out of pocket for your supplies.
- Even if you have insurance, you may prefer to shop online and pay cash for medical supplies. While most online suppliers will not bill your health insurance (most of them aren’t contracted with any insurances at all) some will and many will provide you with a list of codes so that you can submit the bill to your insurance. While you won’t receive anything back from your insurance, you will receive “credit” towards your deductible. Especially if you or another family members expects to use your insurance throughout the year, you want to make sure every dollar you spend out of pocket is counted towards your deductible.
- You should also consider using your HSA (health savings account) or FSA (flexible spending account) funds to pay for supplies. Save your receipts!
3. Dealing With Health Insurance Is Too Complicated
- Some patients choose to pay for certain procedures or supplies with cash because they don’t want to deal with the hassle of authorizations, co-insurances, explanation of benefit statements, and the list goes on.
4. Don’t Like The Provider Your Health Insurance Is Contracted With
- Your health insurance company, especially if it’s an HMO or medical group, may only authorize certain providers for your medical supplies. If you have limited options and don’t like the customer service, locations or product offerings from the contracted provider, you’re stuck.
- We especially hear from customers who say their insurance covers only certain types of products and in only certain quantities. If a customer wants high quality supplies and in the quantities they need many times they will have to pay out-of-pocket.
5. Prefer To Order Supplies Online Or From A Specific Vendor
- We hear from many customers who would rather pay cash and have a choice about where they receive their medical supplies. Some have had a bad experience with their insurance’s contracted provider or have heard from family or friends about their great better with another provider.
I hope this helps spell-out many of the reasons people are reaching for their credit or debit cards to get the supplies they need. If you have reasons not listed hear I’d love to hear from you. Please drop me a note at scott.hetland@medicalmonks.com.
About the Author
Scott Hetland is President of Medical Monks, Inc. with experience in the Medical Industry for last 12 years. Medical Monks is medical supply retailer serving consumers and businesses across the United States since 2016. Reach Scott at scott.hetland@medicalmonks.com.
kingymab says
Somebody essentially lend a hand to make significantly posts I might state That is the very first time I frequented your web page and up to now I surprised with the research you made to create this particular put up amazing Excellent job
elektriker in bamberg says
This piece was incredibly enlightening! The level of detail and clarity in the information provided was truly captivating. The extensive research and deep expertise evident in this article are truly impressive, greatly enhancing its overall quality. The insights offered at both the beginning and end were particularly striking, sparking numerous new ideas and questions for further exploration.The way complex topics were broken down into easily understandable segments was highly engaging. The logical flow of information kept me thoroughly engaged from start to finish, making it easy to immerse myself in the subject matter. Should there be any additional resources or further reading on this topic, I would love to explore them. The knowledge shared here has significantly broadened my understanding and ignited my curiosity for more. I felt compelled to express my appreciation immediately after reading due to the exceptional quality of this article. Your dedication to crafting such outstanding content is highly appreciated, and I eagerly await future updates. Please continue with your excellent work—I will definitely be returning for more insights. Thank you for your unwavering commitment to sharing your expertise and for greatly enriching our understanding of this subject.
먹튀검증소 says
먹튀검증소: https://nktoday.kr/
elektriker in bamberg says
This piece was incredibly enlightening! The level of detail and clarity in the information provided was truly captivating. The extensive research and deep expertise evident in this article are truly impressive, greatly enhancing its overall quality. The insights offered at both the beginning and end were particularly striking, sparking numerous new ideas and questions for further exploration.The way complex topics were broken down into easily understandable segments was highly engaging. The logical flow of information kept me thoroughly engaged from start to finish, making it easy to immerse myself in the subject matter. Should there be any additional resources or further reading on this topic, I would love to explore them. The knowledge shared here has significantly broadened my understanding and ignited my curiosity for more. I felt compelled to express my appreciation immediately after reading due to the exceptional quality of this article. Your dedication to crafting such outstanding content is highly appreciated, and I eagerly await future updates. Please continue with your excellent work—I will definitely be returning for more insights. Thank you for your unwavering commitment to sharing your expertise and for greatly enriching our understanding of this subject.
seosearchoptimizationpro says
You’redoinggreat
먹튀감정사 says
토토사이트추천: https://www.danews.kr/
Stromschienenverlegung says
Your composition was remarkably enlightening! The comprehensiveness of the data and the riveting presentation enthralled me. The magnitude of investigation and proficiency apparent throughout substantially elevates the substance’s caliber. The revelations in both the opening and concluding segments were particularly gripping, igniting novel notions and queries that I hope you’ll explore in forthcoming compositions. If there are supplementary resources for further delving into this subject, I’d be delighted to immerse myself in them. Gratitude for sharing your expertise and enriching our comprehension of this topic. The exceptional quality of this piece compelled me to comment promptly after perusing. Maintain the fantastic endeavors—I’ll undoubtedly return for more updates. Your devotion to crafting such an outstanding article is immensely appreciated!
rubmd says
Thank you I have just been searching for information approximately this topic for a while and yours is the best I have found out so far However what in regards to the bottom line Are you certain concerning the supply
토토사이트 says
[먹튀검증] 카지노커뮤니티 이용으로 먹튀검증 및 토토사이트 먹튀를 예방하세요.
pillow says
Hi Neat post There is a problem along with your website in internet explorer would test this IE still is the market chief and a good section of other folks will pass over your magnificent writing due to this problem