Why is bind insurance so cheap?
Minnesota startup Bind Benefits eliminates annual deductibles in its "on-demand" plans sold to employers that are opting to self-insure their workers' health costs. Rather than deductibles, patients pay flat-dollar copayments for a core set of medical services, from doctor visits to prescription drugs.
How the Bind personalized health plan works
What type of insurance is bind?
Let's jump in. Bind is a health plan that's easy, personal and flexible. As an affiliate of UnitedHealthcare (UHC), Bind accesses their provider contracts as well as provider contracts for a few other network partners.
Who owns bind health insurance?
Bind was founded in 2016 by entrepreneur Tony Miller, who previously started two companies that he sold to UnitedHealth Group.
What is UHC bind plan?
Bind administers an innovative personalized health plan backed by UnitedHealthcare. It features no deductible and no coinsurance, broad network choices, upfront pricing and flexible coverage that can be activated during the year for less common, plannable treatments.
Is bind the same as UnitedHealthcare?
Bind is a health plan that's easy, personal and flexible. As an affiliate of UnitedHealthcare (UHC), Bind accesses their provider contracts as well as provider contracts for a few other network partners.
What is a bind insurance plan?
The Bind plan includes in-network preventive care; primary and specialty care; urgent, emergency and hospital care; chronic care for long-term and recurring illnesses; and pharmacy. Members pay a copay/member price (Bind members may refer to copays as prices) for services received under the Bind plan.
Bind offers a different kind of health plan.
Who owns bind on demand health insurance?
Bind was founded in 2016 by entrepreneur Tony Miller, who previously started two companies that he sold to UnitedHealth Group.
What is UHC bind insurance?
Bind administers an innovative personalized health plan backed by UnitedHealthcare. It features no deductible and no coinsurance, broad network choices, upfront pricing and flexible coverage that can be activated during the year for less common, plannable treatments.
What kind of plan is bind?
Bind administers an innovative personalized health plan backed by UnitedHealthcare. It features no deductible and no coinsurance, broad network choices, upfront pricing and flexible coverage that can be activated during the year for less common, plannable treatments.
What is a bind health plan?
The Bind plan includes in-network preventive care; primary and specialty care; urgent, emergency and hospital care; chronic care for long-term and recurring illnesses; and pharmacy. Members pay a copay/member price (Bind members may refer to copays as prices) for services received under the Bind plan.
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What is bind right insurance?
When your agent binds a policy, it means that he or she, as a representative of the insurance company, confirms that coverage is in place.
What network does bind use?
While Bind leverages the UnitedHealthcare network, Bind members must present a Bind member ID card to your staff.
Is bind part of UnitedHealthcare?
Bind is a health plan that's easy, personal and flexible. As an affiliate of UnitedHealthcare (UHC), Bind accesses their provider contracts as well as provider contracts for a few other network partners.
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What is a bind plan UHC?
Bind administers an innovative personalized health plan backed by UnitedHealthcare. It features no deductible and no coinsurance, broad network choices, upfront pricing and flexible coverage that can be activated during the year for less common, plannable treatments.
Who is the CEO of BIND?
A UnitedHealthcare veteran since 2012, Alison Richards is the CEO of Bind, a personalized health plan that delivers the freedom to choose—and the information to choose wisely.
What network does bind use?
While Bind leverages the UnitedHealthcare network, Bind members must present a Bind member ID card to your staff.
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What network does bind use?
While Bind leverages the UnitedHealthcare network, Bind members must present a Bind member ID card to your staff.
Who owns bind health insurance?
Bind was founded in 2016 by entrepreneur Tony Miller, who previously started two companies that he sold to UnitedHealth Group.