Here are four key notes:
1. In 2014, more than 5.5 million consumers received nearly $470 million in rebates.
2. California had the largest statewide 2014 Medical Loss Ratio rebates of nearly $98 million
3. Florida had nearly $60 million in MLR rebates last year.
4. The number of consumers connected to plans where they were owed refunds fell by over 1 million from 2013 to 2014.
Learn more about the value of outsourcing revenue cycle management — Click here!
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At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.