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What are term summary sheets?

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What are term summary sheets?

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A term summary sheet is the summarization of the key points to a contract between I-AHC and its network affiliates. The term summary sheets are actually a part of your Provider Agreement. As new contracts are acquired, a new term summary sheet is sent to you. The main components of the term summary sheet include: • Name of the company with whom we are contracting, i.e. our network affiliate • Effective date • Amount of administrative fee or I-AHCs charge to the provider, and how it will be charged • Fee Schedule • Type of coverage, i.e. PPO, HMO, Workers Compensation or auto liability • Where to send claims Return to top • Can providers opt out of networks? Yes, a provider can refuse to accept a network affiliate. This must within 30 days of the date the term summary sheet is presented to the provider. If there is a change in the way one of our network affiliates does business or if there is an addendum to a contract, we will also allow for a provider to opt out of that network at that

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