Financial Policy
1. Financial responsibility
Payment at Time of Service (TOS):
All patients at Wisconsin Fertility Institute (WFI) are required to sign
a financial responsibility form prior to medical care / treatment. WFI
will accept payment by cash, check, or major credit card for all
services rendered at the time of service (TOS). If a patient is unable
or unwilling to pay for insurance co-payments, deductibles, out of
pocket expenses not covered by insurance, non-covered charges or any
outstanding balances at check in, WFI reserves the right to refuse care
and will reschedule the patient, if desired.
Proof of Insurance Coverage & Identity:
All patients are required to present insurance cards and a valid
driver’s license at the initial visit as proof of coverage and identity.
If applicable, the insurance card will need to be presented at every
visit. If a patient has more than one health insurance plan, all
insurance cards must be presented in the interest of coordination of
benefits.
All patients are responsible for informing the practice of any
changes to their insurance plan or personal demographic information at
time of check in.
Infertility Waiver:
Patients without fertility benefits must sign a self-pay waiver prior to
treatment; this waiver states that payment for services must be received
by WFI prior to treatment or at TOS.
2. Insurance billing
Standard Fees:
If WFI is not contracted with your insurance plan and services are
provided, WFI has the right to bill beyond “usual and customary”
charges. WFI has a standard fee schedule available for your review if
these charges apply.
Courtesy Billing:
WFI does not participate in any HMO or EPO plans and will not routinely
bill for services rendered. If a patient requires demonstration of
denial to cover out of pocket expenses for the purpose of accessing flex
account funds, WFI will collect the entire amount billed to the patient.
As a courtesy, WFI will then bill the insurance plan.
Referrals & Self Pay:
In the absence of complete insurance information, benefit and coverage
verification and a preauthorization or valid referral (if required by
the insurance plan), the patient is considered self-pay.
If patients wish to have insurance coverage for services, they are
responsible for obtaining a referral and/or a prior authorization if it
is required by their insurance plan. WFI will not bill the insurance
provider for patients who have not obtained the required referral or
authorization for the initial visit and all subsequent visits. If these
insurance billing requirements are not met, the patient will be required
to pay at TOS or may opt to reschedule their appointment until they are
able to satisfy their insurance plan’s billing requirement.
Non-Covered Benefits & Waivers:
Patients will be responsible for full payment of non-covered benefits.
If WFI is not contracted with a payer and the payer denies payment for
service, the patient will be responsible for the services rendered. WFI
has a standard fee schedule available for your review if this should
apply.
If WFI is contracted with a payer; and the payer denies
payment for care, the patient may be responsible for payment based on
payer guidelines that state that “a service is not a covered benefit
but is the responsibility of the patient”.
Patients will be asked to sign a waiver to pay for services not
covered by insurance. Failure to pay at TOS will result in the
cancellation and/or rescheduling of the appointment.
Denied Pre-Authorized Visits:
Pending payer guidelines, if an insurance plan denies payment for a
service that has been pre-authorized, WFI will contact the plan and
perform one (1) appeal. Following outcome of this appeal, the patient
will be deemed responsible for any unpaid balance. If further appeals
are desired by the patient, WFI will provide the patient with all
medical records, prior authorization information, and appeal information
to enable the patient to personally submit additional appeals.
Special Surgical and Ancillary Services:
All procedures, including surgery, hysterosalpingograms, and
sonohysterograms must be preauthorized; all deductibles, coinsurance,
and non-covered services must be paid prior to the procedures with no
exceptions. Procedures that are denied pre-authorization or are pending
authorization will be considered non-covered services; patients may
proceed with these procedures only by prepaying the estimated cost in
full prior to the procedure.
Billing Process & Collections Agencies:
WFI processes all claims and submits them on a timely basis. All patient
& insurance payments are posted daily. All patients receive current
statements no less than every 30 days.
Be advised that any past due accounts will be sent to a collection
agency regularly and failure to pay could result in your account being
reported to all national credit bureaus.
Insurance Payment Refunds:
In the event that insurance remits a payment resulting in a credit on a
patient account, WFI will refund the credit to the patient after
reviewing all account information and verifying that there are no
outstanding balances due for other dates of service. Refunds will only
be rendered upon payment from insurance.
3. In Vitro Fertilization (IVF)
All patients wishing to undergo IVF treatments will sign an IVF
financial agreement. All IVF services must be paid prior to or at the
time of the baseline visit; the estimated payment must be reviewed and
approved by the WFI financial department. If a patient is expecting
insurance coverage for all or part of the treatment cycle, all
authorizations must be in place prior to the baseline visit. While WFI
will send a letter requesting predetermination and preauthorization of
IVF treatment benefits, the patients are responsible for contacting the
preauthorization representative of their insurance company in advance of
treatment to notify WFI and provide proof of coverage. Payment by the
patient will only be reduced upon written authorization of IVF coverage
by the insurance carrier. Note that charges, including charges for
ultrasound examinations and blood tests, will not be billed to insurance
carriers unless preauthorization of benefits have been determined
specifically for an IVF treatment cycle. Also note that the prepayment
for many IVF treatment cycles is an estimate only, and charges may vary
depending upon the precise services rendered.
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