Health insurance reimbursement question
hi, still new to this--
Background: I have supplemental health insurance that reimburses me (up to) 80% but I have to pay the provider 100% up front. I batch my insurance claims two or three times a year rather than sending each one in, and of course there is lag time between submitting my claim and getting my check.
Also: I check my checking account balance separately from YNAB, so I may have some flexibility in how I use the software
Question: Should I "spend" the entire amount (100%) that I pay the provider or just the final co-pay (20%) even though reimbursement check won't come in during the current month (or next)?
The best and easiest solution is for you to make sure you have enough available in the category to cover 100% of the cost. When the reimbursement comes in, categorise to the same category so that then you know how much you have actually spent in this category.
If the available in the category is too high after the return, move to another category. Or just leave it there to cover for the next medical expense.