AMA – Health Insurers Still Making Mistakes on About 20% of Claims

Last June, when the American Medical Association announced its finding that nearly one out of every five health insurance claims had been processed incorrectly, it had probably hoped it was giving the insurance biz a much needed kick in the pants. But one year and another AMA report card later, that statistic remains virtually unchanged.

The AMA's National Health Insurer Report Card aims to inform both the public and the health care industry about the timeliness and accuracy of claims processing.

As insurance companies continue to jack up rates on customers in order to cover growing costs, the AMA report says insurers are wasting billions by not having a better system for processing claims.

READ MORE …