WPS is Wisconsin's leading not-for-turn a profit health insurer.

By themselves, provider discounts are a great reason to buy a wellness program.

Madison, WI (PRWEB)

Most people understand that health insurance offers protection from the fiscal pain of loftier medical bills by sharing the costs of wellness care. Simply there's another, lesser-known way wellness insurance saves plan members coin, and it's called the provider discount. WPS Health Insurance, Wisconsin's leading non-for-turn a profit health insurer and provider of affordable group and individual health insurance, explains provider discounts in a new article, "Health Insurance 101: Provider Discounts—1 More Style a Wellness Plan Saves You Money" now available free online from the WPS Learning Center.

"Provider discounts are price breaks that a health insurer negotiates with health care providers—doctors and hospitals—for their services in exchange for patient volume," said Jim Baird, vice president of individual sales at WPS Health Insurance.

"By themselves, provider discounts are a not bad reason to buy a wellness plan," said Baird. "The moment yous join a plan, you are eligible to receive discounts on the listing cost of services. If you don't accept health insurance, you don't benefit from those discounts—you pay the total retail toll. The savings can be substantial."

This is an important point to remember, specially for people who are considering purchasing a high-deductible health plan.

"My team talks with people all across Wisconsin who miss the value of high-deductible health plans. 'Where's the savings?' they ask. 'I have to pay $2,000 before the programme starts to share my costs.' The reply is provider discounts. Even if you never meet your deductible, you'll nevertheless save big money because y'all are paying a discounted rate instead of the provider's list cost. And that's before you fifty-fifty consider the money you'll save on preventive care—such every bit annual exams and screenings—which almost health plans now pay 100%."

WPS encourages individuals and families looking for more health and insurance-related tips to check out the WPS Learning Center and the WPS Health Center for free articles on controlling costs, preventing affliction, making wise health decisions, and other timely topics. For questions or to asking a quote for a loftier-quality private or family wellness program from WPS, please call 1-888-245-4197 to talk with a friendly representative.

Nigh WPS Health Insurance
Founded in 1946, WPS is Wisconsin'due south leading not-for-profit health insurer, offering affordable individual health insurance, family health insurance, high-deductible health plans, and short-term health insurance, likewise as flexible and affordable group plans and cost-effective benefit plan administration for businesses. The WPS Medicare partitioning administers Part A and B benefits for millions of seniors in multiple states, and the WPS TRICARE division serves millions more members of the U.S. armed services and their families. In 2012, the international Ethisphere® Institute named WPS one of the World'due south Most Ethical Companies for the tertiary straight twelvemonth. WPS is the only health insurance company to earn this stardom multiple times. For more information virtually WPS Health Insurance, visit http://www.wpsic.com.