16 Statistics on Payor Timeliness & Accuracy

Sign up for our FREE ASC E-Weekly for more coverage like this sent to your inbox!

Here is the data on timeliness of processed data — the percentage of claims where the first payment was received within zero to 15 days — and accuracy — the percentage of claim lines the payor’s allowed amount equal the facility’s expected allowed amount.

Aetna:
Timeliness: 14 days
Accuracy: 95.39 percent

Anthem
Timeliness: 7 days
Accuracy: 88.59 percent

Cigna
Timeliness: 7 days
Accuracy: 90.62 percent

HCSC
Timeliness: 6 days
Accuracy: 87.57

Humana
Timeliness: 6 days
Accuracy: 87.36 percent

Regence
Timeliness: 9 days
Accuracy: 89.02 percent

United
Timeliness: 11 days
Accuracy: 98.32 percent

Medicare
Timeliness: 14 days
Accuracy: 99.48 percent

More Articles on Health Insurance:
Survey: 46.3 Million Americans Without Health Insurance
UnitedHealth, Humana, Aetna Will Uphold Parts of Healthcare Reform Regardless of Supreme Court’s Decision
Health Insurance Exchanges in Many States Held Up by Uncertainty About Supreme Court