HICAPS means Health Industry Claims and Payments Service.
HICAPS is a digital wellness insurance claims system that enables private health insurance participants to declare immediately right away at their health and wellness solution supplier.
Just how does HICAPS function?
As an Extras supplier (Davies Dental), our reception will supply you with an invoice and ask if you have health and wellness cover. Then you hand them your private health insurance subscription card and they’ll swipe it like Eftpos which is called a HICAPS machine.
The equipment will immediately refine private health insurance’s payment in relation to your costs, suggesting you simply have to pay any costs (depending on type of use). In circumstances where a part of the costs could be high and consequently should be paid by you, this is described as a “void settlement”.
HICAPS has actually made declaring wellness fund refunds simpler compared to before. If you should lodge an insurance claim on your medical insurance or on Medicare, it could be time consuming to need to declare online; and even worse, needing to go right into a Medicare branch to lodge your insurance claim. Numerous, if not most, wellness and health suppliers currently offer HICAPS, a solution that makes declaring your health and wellness fund refund considerably less complicated.
HICAPS is readily available to participants of a lot of exclusive health and wellness funds in Australia, and covers solutions from a selection of health and wellness providors such as Davies Dental.
At your consultation all you do is turn over your health fund card or Medicare card at the time of payment, and your refund is issued in minutes. As soon as the insurance claim has actually been refunded, you pay the balance in between the expense of the therapy or treatment and your refund. Easy!
If you have any type of enquiries or need more details pertaining to HICAPS or to book an appointment, get in touch with Davies Dental in Ballarat today on (03) 5331 1802.