Addiction treatment isn’t free. In fact, like all healthcare services, it can sometimes get quite costly. That’s why it’s beneficial to receive some sort of payment assistance for addiction treatment. One of the best ways to receive payment assistance for addiction treatment is through your health insurance.
This is due to the fact that the Affordable Care Act now requires that health insurance companies provide just as much coverage for addiction and mental health treatment as they do for physical ailments. One health insurance company that offers great benefits for addiction and mental health treatment is Boon Group insurance.
What is Boon Group Insurance?
Boon Group insurance is an insurance company that specializes in designing innovative fringe benefits solutions for government contractors. Fringe benefits are benefits that individuals receive from their employers. Examples of fringe benefits include health insurance, dental insurance, vision insurance, life insurance, disability, retirement plans, etc.
With over 35 years of experience, Boon Group health insurance offers products and services with true benefits. Therefore, you can rest assured that you’re in good hands when covered by them.
Ultimately, Boon group insurance’s goal is to meet the needs of all of its patients by providing preeminent fringe administration and hourly priced healthcare solutions. Boon group insurance is able to accomplish its goal through the 3Cs, compliance, competitiveness, and cost-saving.
Types of Group Insurance Plans
There are various types of healthcare insurance plans that a person usually receives. In fact, there are three specific types of healthcare insurance plans that many people expect to receive as options from their employers. These three types of healthcare insurance plans include HMO, PPO, and Point-of-Service.
HMO, or Health Maintenance Organization health insurance plans require that patients receive addiction treatment at in-network rehab facilities to get coverage.
PPO, or Preferred Provider Organization health insurance plans offer patients coverage for addiction treatment at in-network and out-of-network rehab facilities. Although PPO plans provide coverage for treatment at both in-network and out-of-network rehab facilities, the amount of coverage that they provide for treatment at in-network rehab facilities is much greater than the amount that they provide for treatment at out-of-network rehab facilities.
Point-of-Service health insurance plans allow members to choose whether or not they want to receive coverage for addiction treatment through both HMO and PPO plans.
In-Network vs. Out-of-Network
In-network insurance providers are healthcare facilities that have a contract with health insurance companies to offer them discounted fees and accept coverage from their health insurance company members in exchange for referrals to their facilities. Therefore, if you receive addiction treatment at a rehab center that is within your health insurance company’s network, then the rehab center will accept your insurance.
This means that some or all of the cost of your addiction treatment will be covered. Thus, the most cost-efficient way to attend addiction treatment is to do so at a rehab facility that’s within your health insurance network.
Out-of-network insurance providers are healthcare facilities that aren’t within your insurance company’s network. Thus, your health insurance company won’t provide nearly as much coverage for treatment at an out-of-network healthcare facility as it would for an in-network healthcare facility. This means that the amount of money that you’ll have to pay out-of-pocket to receive treatment at an out-of-network rehab center is much greater than what you would have to pay if you were to receive treatment at an in-network rehab center.
Boon Group Insurance Benefits Solutions
Boon Group insurance offers compliant healthcare benefits for contractors working under the Service Contract Act (SCA), Davis-Bacon Act (DBA), state prevailing wage laws, and local living wage laws. It also offers healthcare plans that are affordable, hourly-cost, fully-insured, and self-funded for part-time and full-time employees. On top of that, all of these healthcare plans are compliant with the Affordable Care Act. By being compliant with the Affordable Care Act and available for both full-time and part-time employees, Boon group health insurance caters to the needs of government contractors.
Boon Group Insurance Benefit Plans
Boon Group insurance understands that every individual has different needs. Therefore, Boon Group offers a variety of healthcare benefits packages. The Boon Group base package is primarily for outpatient care and prescription coverage. Boon Group insurance also offers buy-up plans with expanded inpatient coverage, live telemedicine, and preventative care.
Individuals that work at companies that offer Boon Group health insurance receive comprehensive care and help. In doing so, company employees that receive Boon Group insurance are more productive. Boon Group insurance also helps employers retain their employees. Other benefits that employers and employees receive when using Boon Group insurance include reduced financial exposure, ease of administration, etc.
Boon Group Fringe Benefit Products and Services
One thing that separates Boon Group insurance from other healthcare insurance providers is the fact that it caters to the needs of independent agents, government contractors, insurance brokers, and consultants. Boon Group insurance goes out of its way to cater to the healthcare needs of these types of individuals because Boon Group knows how hard it is to get high-quality health insurance as a contractor, independent agent, consultant, broker, etc.
Therefore, to make the lives of these individuals easier, Boon Group offers them the following benefit products and services:
- Education on Service Contract Act (SCA) and Davis-Bacon Act (DBA)
- Exploratory questions to help qualify DBA and SCA clients
- Prospecting tools for new clients
- Attendance upon request at meetings with your different clients and prospects to act as a subject matter expert
- Compliance team to respond to DOL inquiries of your clients and prospects
- Other compliance support
- Ability to utilize the services of our Registered Investment Advisor (RIA) to secure an account, provide investment advice, and serve as a co-fiduciary
- 365-day access to customer service
Administrative Services at Boon Group Health Insurance
Boon Group health insurance offers employers numerous administrative services so that they can spend their time doing more important things. Some of the administrative services that Boon Group health insurance offers include:
- Individual, or average, cost accounting
- Hour bank administration
- Paid leave accounting
- Consolidated billing and reconciliation
- Allocation of premium
- Trust accounting and financials
- COBRA administration services
- Comprehensive enrollment services
- Eligibility determination, maintenance, transmission
- Collections of fringe contributions
- Payment to benefit provider and vendors
Although these administrative services aren’t in the Boon Group base contracts, individuals can receive them if they pay additional fees.
Telemedicine Through Boon Group Insurance
One major benefit of being a Boon Group health insurance member is the ability it gives you to receive coverage for 24/7 access to telemedicine. This is especially beneficial in a technological world that is going through a pandemic.
When having Boon Group health insurance, even your immediate family members receive unlimited access to telemedicine care. Speaking of online healthcare, Boon Group health insurance members receive online access to ID cards, provider networks, claims information, and available customer service every day of the year. Once again, this goes to show how much Boon Group insurance caters to the needs of its patients.
Boon Group Insurance Retirement Solutions
On top of the typical health insurance solutions that it offers, Boon Group also offers employees retirement solutions in the form of 401(k) and 401(a) plans. Boon Group insurance retirement solutions also offer:
- ERISA investment and compliance reviews
- Ongoing performance monitoring
- Fund selection
- Day to day technical support to both plan sponsors and employees
- Facilitation for the 5500 filing and compliance testing, along with audit support
- 401(a) and 401(k) plan expertise
- The ability to lead educational enrollment meetings and give optional participant-level advice
- The ability to ensure accurate and timely processing and reconciliation of contributions
Boon Group Insurance Ancillary Benefit Solutions
Boon Group insurance also offers other health-related ancillary employee benefits. These ancillary benefits include:
- Short-term disability
- Life insurance
- Critical illness
- Health reimbursement arrangement (HRA)
- 24/7 telemedicine
Regardless of how many hours Boon Group members work in a month, they and their dependents can take advantage of these ancillary benefits.
Receive Affordable Addiction Treatment At Florida Center for Recovery
At Florida Center for Recovery (FCR), we understand how important it is to have the means to pay for your addiction treatment. That’s why we’ve gone out of our way to have in-network contracts with a wide range of high-quality health insurance providers, Boon Group being one of them. Due to us accepting Boon Group insurance, we’re also making it easier for individuals that work as independent agents, government contractors, insurance brokers, etc. to receive the funds to pay for the addiction treatment that they may need as well.
Florida Center for Recovery is a renowned rehab center in the U.S. due to its compassionate affordable care and effective, specialized inpatient treatment programs. FCR is also a renowned rehab center because it offers the most comprehensive models of drug and alcohol rehab programs in the country.
Our massive knowledge on alcohol and drug treatment combined with the holistic and alternative therapies that we incorporate into our addiction and dual diagnosis treatment programs make us the best rehab center around. Therefore, if you want to receive high-quality addiction or co-occurring disorder treatment that will help you achieve sobriety, you should attend rehab at Florida Center for Recovery. To learn more about Florida Center for Recovery and the other various insurance companies that we accept coverage from, contact us today!