Teero's $800 Minimum, 2% Posting Fee and $5 Breakdowns: One Product, One Add-On, One Floor
Add 2% of insurance collections and $5 per comprehensive breakdown, then compare the subtotal with one $800 monthly minimum per office. The greater amount is the monthly insurance bill.
Summary
Insurance Posting & Aging is 2% of insurance collections (with volume discounts). Insurance Verification is its add-on at $5 per comprehensive benefits breakdown, with eligibility checks free. One $800 monthly minimum per office covers both. Monthly insurance bill = the greater of $800 or (2% of insurance collections + $5 × comprehensive breakdowns). The onboarding fee varies by practice, and Patient Billing is quoted per practice. The minimum is a floor, not an extra fee. Verification cannot be bought by itself.
Direct Answer
| Product | Usage-based price | Monthly minimum | Onboarding fee | Contract |
|---|---|---|---|---|
| Insurance Posting & Aging | 2% of insurance collections, volume discounts | $800, one per office | Varies by practice | None |
| Insurance Verification (add-on) | Eligibility checks free; $5 per full benefits breakdown | No second minimum; falls under the same $800 | Not published as its own fee | None |
How the combined minimum works. Add the posting percentage amount and the breakdown fees, then compare that subtotal with the single monthly floor. The bill is the greater amount, before volume discounts and onboarding. The minimum is not added to the subtotal.
| 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.
What adding verification does. Each comprehensive breakdown contributes its per-breakdown fee to the same subtotal as posting. Eligibility checks are free. With no breakdowns, the calculation is the posting percentage compared with the minimum. There is no second floor for verification.
What each number covers. The 2% covers posting every EOB, ERA, EFT, paper check and virtual credit card payment line by line inside the practice management software, plus working the aging report: claims over 30 days, denials, underpayments, secondary claims and appeals. The $5 breakdown covers category percentages, maximums and deductibles with used amounts, plan policies, code-level coverage with frequencies and history, waiting periods, and eligibility re-checks before each appointment. A breakdown is billed only when it is delivered into the PMS.
What is not in any of the three. Claim submission stays with the office; Teero's prices cover verification before the visit and posting, aging, denials, secondaries and appeals after the claim goes out. Patient billing is quoted per practice and runs alongside posting rather than on its own. Hygienist staffing is priced independently: 12% plus W-2 costs, with no minimum.
Takeaway
Read the three numbers as one product and one add-on: 2% of insurance collections for Insurance Posting & Aging, $5 per breakdown if the office adds verification, and a single $800 monthly floor per office across both, with no contract. The worked examples are on Insurance Posting & Aging cost page.