What is the administrative fee on my Share Notice?
Administrative fees cover the operational costs of running the organization.
As a member, you can log into the Member Center at any time for a real-time review of the shared community financials by selecting the community dashboard.
It's important to note that there's a difference between program fees and admin fees:
- Admin fees cover the operational costs of running the organization.
- The account fee, which goes to a 3rd party, pays the banking fee for member's personal sharing accounts.
Program fees are directly related to the services that support our sharing program, such as:
- Virtual Care - not charging members for this service allows telehealth visits to be offered 24/7 at no additional charge, therefore, preventing office visits that would need to be shared among members.
- Prescription Program - Through this partnership, members gain access to a premier network of pharmacies that offer wholesale direct pricing to Impact members.
- Sharable - Allows the facilitating of sharing, taking the work off the member's hands and decreasing the bill-pay turnaround time.
- AMPS - This partnership provides services to reprice medical bills, reducing the amount that needs shared among members.