Fee System Simplified A Fee System has two major components, the actual fee and the discounted fee. The image below provides an overview with helpful descriptions to assist with understanding how both imposed and elective discounts fit into this system.
Financial Compliance
Keep an Eye on Financial Compliance Most financial compliance violations are the result of good intentions combined with lack of understanding. While not intended to be an all-inclusive, we will consider some of the relevant areas of concern. Dual Fee Schedules A “dual fee schedule” is defined as charging a group or insurance company more…