This video clarifies the concept of insurance networks and emphasizes the importance of choosing in-network providers for healthcare services.
- The network is the list of healthcare providers that your insurance plan covers.
- Utilizing in-network services results in cost discounts and contributions towards your deductible and out-of-pocket maximum.
- Going out-of-network for care incurs higher expenses without the discounts, and a much higher deductible applies.
- There’s no universally “right” choice; it depends on individual needs and preferences.
- Always verify whether a provider is in-network or out-of-network by consulting your insurance company’s online list before receiving care.
