Alphabet Soup
An employer funded account that pays for medical expenses like deductibles and co-pays.
What is an HRA
Dental appointment that is typically covered at no cost to the insured.
What is a preventive visit?
The amount of medical expenses the member is responsible for before insurance begins to cover the cost of claims.
What is a deductible?
Provided once per year by an optometrist with just a small copay.
What is an annual exam?
A web-based process for completing carrier medical applications and health questionnaires.
What is FormFire?
Owned by an employee, this type of account can be funded by the employer and the employee.
What is an HSA?
A maximum dollar amount that the insurance company will pay for dental expenses in a calendar year.
What is the benefit maximum?
A type of medical plan that does NOT have first dollar coverage.
What is an HDHP?
Is covered once every 12 months in lieue of frames.
What are contacts?
A meeting that typically takes place 6 months after the client's renewal.
What is a midyear meeting?
$3,550
What is the maximum contribution amount into an HSA for a single person?
Tooth straigthening hardware not always covered by a dental plan and typically only covered for minors.
WHat is orthodontia?
The maximum dollar amount the member is responsible for on an annual basis.
What is the out of pocket maximum?
Vision correction devices that are typically covered once per year with a small fixed member copay.
What are lenses?
A meeting that is held in advance of receiving carrier renewals.
What is a pre-renewal?
An account that is not compatible with a PPO medical plan.
What is an HSA?
A class of dental treatment that applies to the gums and supporting tissue around the teeth.
What is periodontics?
The percent that the member most cover for medical expenses after the deductible is met.
What is co-insurance?
A term referring to a medical device that is required by the patient.
What is non-elective?
A type of meeting that MB offers to employees to explain their benefit offerings.
What is an open enrollment meeting?
Owned by the employer, it can be funded by either the employer or the employee.
What is an FSA?
A class of dental procedures having to do with the roots of teeth.
What is endodontics?
Provided by the carrier, it explains the negotiated covered charges and member responsibility.
What is an Explanation of Benefits (EOB)?
Is typically only covered once every 24 months.
What are frames?
These little plastic cards are critical to keeping members happy and we do everything we can to get them into members hands ON TIME (before renewal)!
What are ID cards?