No, you cannot balance bill the patient when CareGuard manages post-settlement medical funds.
Role of CareGuard
CareGuard is not a Workers’ Compensation carrier. Rather, we serve as professional administrators for post-settlement future medical funds.
Patient Billing Restrictions
CareGuard does not require additional documentation or impose reporting rules. Additionally, there are no limitations placed on the frequency of doctor appointments for the member. However, it's crucial that the member adheres to the constraints outlined in their settlement documentation.
Understanding Settlement Constraints
Members must stay compliant within the specific terms outlined in their settlement agreements to ensure proper management of their medical funds.
For more detailed guidelines, we recommend reviewing settlement documentation or reaching out for professional advice.