Medical Billing Forum

Payments => Insurance Payments => Topic started by: rmk123 on January 25, 2013, 10:00:11 AM

Title: Is there one site that lists each payer's processing turnaround time?
Post by: rmk123 on January 25, 2013, 10:00:11 AM
This would be a handy reference if it exists.
Title: Re: Is there one site that lists each payer's processing turnaround time?
Post by: PMRNC on January 25, 2013, 12:15:29 PM
You'd never find such a list. A carrier is only going to disclose the legal amount of time they have to "acknowledge" a claim (not pay/deny). Commercial carriers are bound by the state dept of insurance for those rules. ERISA based plans are bound by federal regs.   Only in a perfect world will you find a carrier that will state we will process claims in 10 days.  ;D ;)
Title: Re: Is there one site that lists each payer's processing turnaround time?
Post by: rmk123 on January 29, 2013, 11:03:26 AM
One can expect and hope that the perfect world exists! Thanks for the reply and additional info!