Pay claims correctly to improve financial performance
Industry research indicates that as much as 5% of total health plan membership has other health insurance coverage. In this context, paying claims incorrectly due to incomplete or inaccurate member eligibility data can have a multi-million dollar impact on your health plan’s bottom line.
In addition to the financial impact, claims coordination errors generate substantial downstream administrative costs and can have a negative effect on valuable provider and member relationships. The Discovery Health Partners Supplemental Coordination of Benefits (COB) solution helps our clients identify additional instances of other coverage, maximize their recoveries, and drive future cost avoidance.