Insurers lobbying the fed to end 3rd-party premium payers: 5 takeaways

Big insurers are scrutinizing and challenging the premiums paid to those living in poverty, labeling them as “unfair,” Benefits Pro reports.

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Here’s what you should know.

1. Insurers’ claim the arrangements are driving up claims and increasing pressure on major insurers.

2. A study released by an insurance lobby says the insurer faced a higher than usual number of claims from dialysis patients, going from 28 in 2013 to 186 last year.

3. America’s Health Insurance Plans have repeatedly asked Congress and the CMS to eliminate third-party premium payment groups.

4. Insurers fear the increase in claims from patients with costly treatment programs could affect their bottom line.

5. CMS is taking the complaints under advisement, and will act on a later date.

More articles on coding, billing and collections:
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MedHQ Assists Partners with New Federal Overtime Rule 

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