When paying qualified medical expenses from my HSA, how does the insurance company or plan administrator know when I have paid up to my deductible?
If you use an in-network provider, the in-network provider can file your claim for you. This is the smart way to work things, as it will ensure that you receive the HDHP’s discounted PPO price, instead of having to pay full price. Or, you could simply save your medical bills and submit them to the insurance company or plan administrator yourself, either all at once, or after you have reached a certain limit in bills.
Related Questions
- The doctor charged $3,500.00 for a medical procedure and insurance company only paid $2,000.00 because they say this is the UCR amount. Can they do this and do I owe the difference?
- When paying qualified medical expenses from my HSA, how does the insurance company or plan administrator know when I have paid up to my deductible?
- How are HSA qualified medical expenses paid?
