Fifth Annual National Health Insurer Report CardFriday, June 29, 2012
The efforts of organized medicine, mainly the American Medical Association (AMA) at the national level and the OSMA at the state level, continue to reduce the administrative hassles associated with health insurance billing and reimbursement.
According to the AMA's fifth annual National Health Insurer Report Card, the number of claims large insurance companies pay incorrectly has been reduced by 50 percent. The findings also show that private insurers' error rates on paid medical claims dropped from 19.3 percent last year to 9.5 percent this year. This translates to an $8 billion savings to the health care system through less unnecessary administrative work to reconcile errors.
The OSMA continues to work on behalf of our members on concerns with payers both public and private. If you are in need of assistance, click here to let us know.
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