Primary and Secondary Payers: How Do They Work …
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Medicare works in tandem with your other health insurance coverage. The two tag team. One insurance plan becomes the primary payer or the one that pays costs first. The other insurance becomes the secondary payer and pays the remaining costs. However, just because the secondary payer is left with the remaining costs does not mean it must pay ...
The secondary payer (which may be Medicare) may not pay all the remaining costs. If your group health plan or retiree coverage is the secondary payer, you may need to enroll in Medicare Part B before they'll pay. If the insurance company doesn't pay the. claim promptly (usually within 120 days), your doctor or other provider may bill Medicare.
Medicare supplements are a popular example of secondary insurance that helps to reduce medical costs for seniors beyond what their primary health insurance covers. Many people may just be getting to know about secondary insurance for the first time in their lives, but this concept is quite popular already.
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