It is important to know if a doctor or medical facility is "in-network" because your health insurance plan will pay a greater percentage of their costs after your deductible is met. Being in-network typically means that the provider has a contractual agreement with your insurance company, which allows you to benefit from lower rates for services, ultimately resulting in reduced out-of-pocket costs. If a provider is out-of-network, you may face higher costs or may need to pay for services upfront and seek reimbursement later.
Why is it important to know if a doctor or medical facility is "in-network"?
your health insurance plan will pay less for the services after your deductible is met
it tells you if they are able to accept new patients
it allows you to know if they are certified to practice medicine in your location
your health insurance plan will pay a greater percentage of their costs after your deductible is met
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