11 hours ago · The AMA publishes an annual report card of the claims revenue cycle activities of the major commercial health insurers and Medicare. The National Health Insurer Report Card (NHIRC) provides metrics on the timeliness, transparency and accuracy of claims processing of these payers in an effort… >> Go To The Portal
The American Medical Association (AMA) today announced that one in five medical claims are processed inaccurately by health insurers, according to the AMA’s third annual check-up of the nation’s commercial health insurers and the systems they use to manage and pay claims.
The private insurance industry is selling us administrative services at an outrageously high price. This report card confirms that we certainly are not receiving value. Not only are we paying them too much, but they also continue to do a lousy job at their most important function – claims processing.
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