Whether you have been a client of ours for years or are new to the “Van Dyk Experience”, we aim to satisfy the insurance expectations you demand from your health group professional. At Van Dyk Group Health, you can rely on the integrity, experience and knowledge of our full time professional staff. The resources we have available, allow us to develop comprehensive solutions that set us apart from the competition. When you work with Van Dyk Group Health your interests always come first. We truly value you and constantly strive to prove that choosing our firm is the right choice. John Tranchida President, Van Dyk Group Health
Medical Plans
Discover affordable health benefits and insurance plans that are easily customized to meet your needs. You can choose from a variety of options, like traditional or consumer-directed plan designs.
Our medical insurance plans and services:
- Help you get more for your health care dollars
- Come in a wide-range of options that are easily tailored to meet your needs
- Help your employees understand and take charge of their health
- Give you support and help you prepare for tomorrow
It’s good to have options
Every business is different. That’s why we offer a range of products and services that are easily customized to fit your needs.
Fee-for-Service (or Indemnity) Plans
With this traditional plan, you can make an appointment with almost any medical provider. After your visit, you or your provider sends your claim to the insurance company. If you have met your deductible for the year, then the Fee-for-Service plan will pay a percentage of the bill – usually 80%. You pay for the other 20%, known as coinsurance. Few purchase this traditional type of plan. Why? Because it’s expensive.
Managed Care
This term refers to types of health insurance plans that provide health care services at a lower cost. The key to these lower costs? Members of managed care plans must adhere to certain rules designed to lower the cost of medical care.
Types of Managed Care:
Health Maintenance Organizations (or HMOs)
With an HMO, you receive a range of health benefits for a set fee. Generally, there are no deductibles – but most plans require a small copay per office visit (around $10-25). You must choose a primary care physician from the plan’s list. This doctor becomes your “gatekeeper” for all your medical needs. This is the doctor you call or see when you are sick, and he or she will refer you to a specialist or other providers within the HMO network. With most HMOs you will not receive benefits if you go out-of-network, except for emergency care.
Types of HMOs:
- Staff Model HMO
A form of HMO in which doctors are employees of the HMO and you see them at a central medical facility. - Individual Practice Associations (IPAs)
Here, an HMO contracts with outside physician groups or individual doctors who have private practices. This means the HMO network will include doctors in various locations rather than only at a central facility.More Types of Managed Care:
Preferred Provider Organization (PPO)
This isn’t an HMO, but it is another type of managed care. In this system, you may seek treatment from an approved network of providers, or may see other providers outside the network. Usually, you will pay small copay and satisfy a deductible before benefits are paid. Then you’ll pay a set coinsurance amount. It’s less expensive to visit one of the providers in the plan’s list. You can go outside the plan’s list, but your share of the bill will be higher.
Point of Service (POS)
A hybrid of the HMO and PPO is known as a POS plan. Like a standard HMO, your primary care doctors make referrals to other providers within the plan. But if you want to go to a physician outside the network without consulting your primary care doctor, the POS plan will pay a predetermined amount of the bill and your share of the bill will be higher than it would if you stay in-network. These plans usually cost more in monthly premiums than straight HMOs, but they give you the flexibility to call any doctor – within the plan or not.
Choosing wisely
If you have a choice from more than one plan, compare how each plan handles the following:
- Coverages
- Co-payments
- Coinsurance
- Deductibles
- Pre-existing conditions
- Limitations on devices, drugs, and access to specialists.
Health Savings Accounts
Health Savings Accounts (HSAs) are a relatively new way for Americans to pay for their healthcare. Like an IRA, the money deposited into an HSA is completely tax-deductible. These accounts, however, can be accessed whenever individuals need them to pay for qualified healthcare expenses. In the meantime, their money earns tax-free interest for future medical costs.
Common Terms
Here are some common terms and definitions.
Copay:
A fixed dollar amount you pay at the time services are rendered. Typical copays are for office visits, prescriptions, or hospitalizations.
Coinsurance:
A specified percentage of the cost of treatment the insured is required to pay for all covered medical expenses remaining after the deductible has been met.
Deductible:
The portion of your health care that you pay before insurance starts covering it. Typically, the higher the deductible, the lower the premiums.
Pre-existing condition:
An illness, disease or condition an individual has at the time of enrollment in a health care plan.
Premiums:
The monthly or quarterly payments paid for health insurance.
Catastrophic coverage:
This plan pays hospital and medical expenses above a certain (usually high) deductible. The maximum lifetime limit may be high enough to cover the cost of a catastrophic illness.
Long-term care policies:
These cover medical care, nursing care and certain in-home care if you ever become unable to care for yourself dueto an extended illness or disability.
Disability income insurance:
This plan will provide you with an income if you become unable to work due to an injury or illness. Benefits areusually 60% of your income at the time of disability.
What other options can we provide Employees?
A Flexible Spending Account allows employees to save for health expenses and/or dependent care expenses with pretax dollars. A wide range of health expenses are eligible, including eyeglasses, dental expenses and over-the-counter drugs. Dependent care expenses can be applied to child care, elder care, or both.
A Health Reimbursement Arrangement ** is an employer-funded account. Employees can use an HRA to pay for qualified medical expenses.
Participate in our Transit Reimbursement Account (PDF) and let your employees use pretax dollars to pay for work-related public transportation or parking.
You also can save tax dollars with a Health Savings Account (HSA)**:
- Put in money from your paycheck before taxes.
- Add tax-free money on your own. Use the money to pay for covered services.
- Put money away for future expenses.
- Earn tax-free interest.
Health & Wellness Plans
Keep employees happy and healthy with disease management, personalized wellness support and interactive health assessments
Offer your employees health and wellness programs that help:
- Reduce direct and indirect health costs
- Improve employee productivity
- Motivate and teach your employees to stay healthier
Good health is attainable—lower costs are too!
Wellness is a lifelong journey to optimal health. It means treating the whole person, including their physical, mental, emotional, and financial well-being
The path to wellness is different for each individual, but it must start with getting employees and their families engaged in their own well-being