What is a p5 medical insurance company?
P5 Health Plan is not a medical insurance company per se; it is a third-party provider of medical benefits. It is made for companies who pay for their own health plans and coverage. They use P5 to process claims and get better deals for company employees so they can pay for their coverage at a lower rate.Types of NetworksP5 has a variety of networks, including PPO and prescription. PPO can include Beech Street or Blue Cross, while prescription can include CVS or Walgreens.ClaimsP5 processes all claims so that the patients and companies don’t have to do it.Customer ServiceP5 boasts superior customer service by providing whatever the patients need by answering any coverage questions instead of the patient having to contact that network directly.PremiumsDepending on their employer, patients may or may not pay higher premiums. More often than not, employers find it easier to pay for their own health care and using P5 is more cost-efficient.Who is insured?Those who sign up with P5 are emplo