Back to Top 3. The MedPerks program covers all family members living in the member's home or students away at college. MedPerks is not health insurance and does not take the place of health insurance. Unlike health insurance, MedPerks members must pay the cost of the procedure or service they use, at the reduced rate. Many health policies have deductibles.
Many policies only cover a percentage of medical costs.
Many policies restrict reimbursements. Many policies do not include prescription drugs. Even if prescription drugs are covered, not all drugs may be included. Only an administrative fee to join the program is pre-paid. Members must pay for all services at the time service is performed, but at reduced rates, in accordance with the provider's normal payment practices.