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Ripoff Report | IAB HEALTH INSURANCE Review - Dallas, Texas
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Report: #121565

Complaint Review: IAB HEALTH INSURANCE - Dallas Texas

  • Submitted:
  • Updated:
  • Reported By: Winston-Salem North Carolina
  • Author Not Confirmed What's this?
  • Why?
  • IAB HEALTH INSURANCE PO BOX 224767 Dallas, Texas U.S.A.

IAB HEALTH INSURANCE PLEASE FIND ANOTHER HEALTH INSURANCE COMPANY Dallas Texas

*Consumer Suggestion: Key is that it is not insurance - the web site says so

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The agent promised that this was such a marvelous insurance. So I told him that I would try it for 30 days. Well I tried it for one day. Just say it was one day too many. Tried to use the pharmacy card. Well just say I saved next to zero. That was enough for me to figure out that this is the beneficial insurance as they explained it. Just remember if it's too good to be true, then it's probably not true.

There are a lot of iab sites too.. iabplus.com, iabhg.com, iabweb.com, iabmed.com and maybe others also. Just make sure you know what you're buying before you buy it.

G
Winston-Salem, North Carolina
U.S.A.

This report was posted on Ripoff Report on 12/06/2004 07:18 PM and is a permanent record located here: https://www.ripoffreport.com/reports/iab-health-insurance/dallas-texas-75222/iab-health-insurance-please-find-another-health-insurance-company-dallas-texas-121565. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#1 Consumer Suggestion

Key is that it is not insurance - the web site says so

AUTHOR: Name - (U.S.A.)

POSTED: Tuesday, December 14, 2004

The key with this company is that you need to understand that it's not insurance. Their web sites are pretty clear on this matter. A rep selling this product (notice I didn't say agent, because it's not insurance) may tell you different, but in that case your blame should really be about the person not the company.

How it works is it lets you accesss a PPO network and pay the rates at the network rate. That's the rate that the doctor has agreed to accept to be part of the network. So, you can see savings from that. Also, their are cash benefits for doctors visits.

You also get access to the Pharmacy network. Again you'll pay the negotiated rate for the drug. Depending on the drug that savings is either going to be more or less.

The key to any product is to understand what you're purchasing first.

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