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Ango_mark03:
Do commercial insurance companies reimburse the claims faster if billed within 24-48 hours from the date of service?
Any survey or a case study?

kristin:
To answer the question(if you could just post your questions ONE time, on the appropriate board, that would be great!), each insurance company generally processes clean claims WITHIN 30 days. For some, that means 7 days, or 10, or 14, or 21 days. Just depends on the insurance, and how you send them. There is no special "claim processing rate" because you submit a claim within 24-48 hours.

Case in point, I submit all my claims electronically the same day as the day they happen in my office. And I get paid within 7 days from certain insurance companies, up to 30 days for others, and everything in between.

kristin:
Best three in my area are BCBS, Cigna, and Medicare.

DMK:
Depends on the area, specialty and the physician's contract.

shanbull:
It's not really on a company level where you find the best reimbursement rates, the U.S. health insurance market has gotten so fragmented and complicated that any one company may offer 30 or more different plans with totally different reimbursement rates. Commercial insurance plans pay better than Medicare or Medicaid plans but even within the commercial market the different plans offered by the same insurance company have different reimbursement rates, and some plans pay more for certain specialties and not others. Going by company is too broad/vague to get a good understanding because you would just end up with averages. And even then, the picture of an individual provider's reimbursement rates could be different from an identical provider who signed an identical contract because one provider may see more people with one plan from that insurer than the other does.

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