Frequently Asked Questions
(FAQ's)
Here's the answer......
What is an EOB?
An EOB is an Explanation Of Benefits. This is the form you receive in
the mail as notice of payment for medical expenses that have been claimed on
your behalf to any third party payer, including Medicare. Medicare EOB's
are specified as EOMB's, Explanation of Medicare Benefits.
Why does Making $en$e
of Your Healthcare Dollar$ include the Healthcare Expense Tracking
System©?
The
Healthcare Expense Tracking System© contains the
"secret" to staying organized, even if organization is not one of your
strengths. Teaching concepts
that are complicated, at best, and totally frustrating, at worst, is more
effective when offered visually, audibly, and interactively.
How long does the seminar last?
The workshop time is
approximately 3 hours, including breaks.
How does Making $en$e
of Your Healthcare Dollar$ work for me?
It provides personalized training that guides you through each step of your
medical purchase and
subsequent health plan payment. Because the
seminar teaches you to personalize your own Healthcare Expense Tracking System©,
you have developed a tool you can use
throughout your life, even with the changes that may take place in your
individual situation. In the end, you also have a completed record of each transaction and
a yearly recap of expenditures. You take the Healthcare Expense Tracking
System© home and use it after we
teach you how to customize it to fit your family's needs.
How do I know it will be worth the cost?
Each medical purchase you make provides 
the opportunity for you to pay more
than you think you should. After attending Making $en$e
of Your Healthcare Dollar$ you may reduce your expenses and will reduce your
stress by being educated in the matter. You then have control
of uncovering errors that may and often do occur when medical
providers bill you for your healthcare purchases, when your health plan
reimburses you for those services, or after the provider reflects the payment
received at their billing office.
You know what your financial responsibility will be from your own records, instead of
being told by someone else. That would be much like trusting the bank
to reconcile your checkbook every month without your own input. Medicare
beneficiaries and their caregivers can finally understand what that EOMB is
trying to say.
What will Making $en$e
of Your Healthcare Dollar$ do for me?
It will reduce stress associated with medical
expenses, because you will then
understand the process and be pro-active with financial management of these
expenses. The greatest need for this may come at a time
when you or someone close to you suffers from a catastrophic health need.
At this time, more than ever, you need to be able to manage the paperwork that
pours in when you access (purchase) healthcare. You will be equipped to
know the status of your medical expenses with the Healthcare Expense Tracking
System©. The complete glossary provided and "Things to Ask" tutoring
during the seminar will prepare you to understand your role in the finances of medicine and
how to protect yourself in the process.
What are some other benefits?
Tax time is not the time to try and figure out how much you have actually
spent during the year for medical services and how much has been paid on your
behalf by third party payers. By using the Healthcare Expense Tracking
System©,
at the end of the year you will have a complete picture of all medical expenses,
paid by you and by others, to simplify reporting on your tax form.
What if I have questions after the seminar is over and I take my Healthcare
Expense Tracking System© home?
Healthcare Considerations provides
2 months of follow-up technical services free, through our website, e-mail, telephone or postal
mail with each paid reservation. Extending subscriptions for technical
assistance on a yearly basis is also available. This
service offers you unlimited access to the knowledge and experience of it's
creators and users.
