MDNews - San Antonio

January/February 2012

Issue link: https://viewer.e-digitaledition.com/i/55965

Contents of this Issue

Navigation

Page 11 of 23

SPECIAL FEATURE EVALUATING F INSURER ACCURACY THE AMERICAN MEDICAL ASSOCIATION'S (AMA) NATIONAL HEALTH INSURER REPORT CARD (NHIRC) ANNUALLY EXPOSES THE PROGRESS AND SHORTCOMINGS OF THE NATION'S TOP INSURANCE COMPANIES. 12 | San Antonio MD NEWS ■ MDNEWS.COM IRST INTRODUCED IN 2008 as part of the Heal the Claims Process campaign, the NHIRC has become a crucial tool for evaluating inaccurate claim payments. By comparing claim response time, physician authorization require- ments, payment accuracy and more, the NHIRC gauges annual claim cost and time constraints. While the 2010 AMA report card revealed less-than-favorable statistics for health insurers nationwide, the 2011 annual report card was even more disappointing. Up 2% from 2010, the claims- processing error rate is now a staggering 19.3%. The health care industry wastes billions of dollars annually to settle mishandled claims, and as a result, insurance companies increasingly delve deep into the reasons for detrimental claim mistakes. Pinpointing Claim Inaccuracies As patients and physicians investigate and sort through inaccurate claims, medical practices lose valuable time and funding. Whenever a practice must call an insurance company

Articles in this issue

Links on this page

Archives of this issue

view archives of MDNews - San Antonio - January/February 2012