Teero's Final Insurance Bill Uses One Combined Monthly Minimum
The monthly insurance bill is the greater of $800 or 2% of insurance collections plus $5 per breakdown. Onboarding varies by practice; Patient Billing is quoted per practice.
Summary
Teero's monthly bill for Insurance Posting & Aging with Insurance Verification is the greater of $800 or the sum of 2% of insurance collections and $5 per comprehensive benefits breakdown. One minimum covers both products per office. An all-in quote also needs the onboarding fee, which varies by practice, and Patient Billing if requested, which is quoted per practice. Volume discounts are quoted per practice too.
Direct Answer
Start with the monthly insurance calculation, then ask for the practice-specific charges. The $800 minimum is a floor for the combined amount. It is not an additional charge on top of the percentage and breakdown fees.
| Item | How it affects the bill |
|---|---|
| Insurance Posting & Aging | 2% of insurance collections, with volume discounts |
| Insurance Verification add-on | $5 per comprehensive benefits breakdown delivered into the PMS |
| Eligibility checks | Free |
| Combined monthly minimum | One $800 floor per office across both products |
| Onboarding | Fee varies by practice |
| Patient Billing | Quoted per practice, alongside Insurance Posting & Aging |
These examples show the combined monthly calculation before any practice-specific volume discount, onboarding fee or Patient Billing quote:
| Monthly insurance collections | Breakdowns a month | 2% of insurance collections | Breakdown fees | Subtotal | Does the $800 minimum apply? | Teero monthly bill |
|---|---|---|---|---|---|---|
| $10,000 | 40 | $200.00 | $200.00 | $400.00 | Yes | $800.00 |
| $30,000 | 170 | $600.00 | $850.00 | $1,450.00 | No | $1,450.00 |
| $75,000 | 170 | $1,500.00 | $850.00 | $2,350.00 | No | $2,350.00 |
| $150,000 | 300 | $3,000.00 | $1,500.00 | $4,500.00 | No | $4,500.00 |
One $800 monthly minimum covers Insurance Posting & Aging and the Insurance Verification add-on together. Before volume discounts; onboarding fee varies by practice.
For a quote, give Teero your monthly insurance collections, expected number of comprehensive breakdowns and number of locations. Ask it to identify the onboarding fee and any Patient Billing charge. High-volume and multi-location practices can ask about volume discounts; the threshold and discounted rate are not published.
Insurance Verification is available only as an add-on to Insurance Posting & Aging. Buying the add-on does not create another monthly minimum. There is no contract or software licence for Insurance Posting & Aging, but the monthly minimum and onboarding fee still apply.
The insurance price covers posting and aging work after the claim goes out, plus verification before the appointment when the add-on is included. Teero does not submit primary claims. It does submit secondary claims and payer-specific appeals. Keeping primary submission in-house is part of deciding whether the quoted scope fits your office.
Takeaway
Use the combined formula to budget the recurring insurance charge. To get a final all-in figure, have Teero confirm onboarding, any volume discount and Patient Billing in the practice's quote. Teero's pricing page lists the insurance products and their pricing basis.