The Explanation of Benefits statement (EOB) is a shocker. It details the cost of a medical procedure and the figures can be substantial. Relax. That is Not the final bill and health insurance can cover a large portion of the cost. The deductible and the copayments, however, can produce a large expense. That may threaten a person’s financial wellness.
Panic over the Cost
The EOB is the first jolt to the system. The bills that follow can drain a person emotionally. Picking out a way to pay the costs may lead to poor decisions. Countrywide Pre-Paid Legal Services knows how panic will create more problems than solutions. We have a financial wellness plan to assist people with ordinary financial dilemmas. Helping a plan member deal with medical bills is one of our benefits.
With All Deliberate Speed
The Countrywide network of certified counselors will work with plan members to resolve financial problems. Many people do not have a grasp of their finances; there is no working budget. A Countrywide counselor will do a budget analysis to uncover the cash flow of the household. This professional can point out where changes can be made so that medical bills can be affordable.
A person must resist the urge to pay the entire bill with a credit card. That can lead to bigger problems involving the plastic. The Countrywide counselor knows healthcare providers will work with an individual. A payment plan can be arranged with reasonable monthly payments.
The counselor also knows there are insurance payment delays. Insurance companies and healthcare providers negotiate, and the final bill can be affected. The counselor will advise financial wellness plan member to check with his or her health insurance carrier about the insurance company’s share of the bill. It can stop a person from paying more than necessary.
Sharing information is our most important service. Counselors have a wealth of financial wellness information and they are more than happy to answer all questions. A plan member becomes better informed in the one-on-one conferences with Countrywide. Financial concerns are laid to rest and future purchases are sensibly planned.
Emotional intelligence is more than a topic of conversation. Countrywide uses it as an extension of our services. Counselors are required to show respect and understand how a plan member feels. We anticipate our counselors will devote their time to resolving problems and giving good advice. Sermons are for preachers.
Countrywide wants to provide a benefits program that meets the needs of all employees. We cannot do that with a one-size-fits-all document. Our experience with all kinds of organizations tells us that workforces are unique and have different needs. We believe that management input is necessary.
We let decision-makers of an organization choose the options of the financial wellness plan. We understand that management might choose to help with college loans over a debt management plan. That is fine as far as Countrywide is concerned. We will give suggestions and offer advice on the options but, at the end of the day, it is what the employers want that will be in the plan documents.
We back up these selections with superior member services and administration. Counselors know that Countrywide plan members are going to receive priority over other clients. Those counselors further know that we will back up their efforts with excellent administration. No one must wait for Countrywide benefits. That attention to service and detail are primary reasons why we are a leader in the industry.
We want to help, and we want organizations to get maximum return on any investment. Medical bills do not have to be frightening things and our counselors will make sense of what appears to be a mess. Any prospective client is encouraged to ask questions about what we offer. Please feel free to contact us at your earliest convenience and find out more about Countrywide’s approach to offering financial wellness.