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Many insurance carriers that provide No-Fault and Workers’ Comp coverage are using
processes and protocols specifically designed to minimize or deny payment of providers’
claims:
- Carriers’ processes are paper-intensive.
- Compliance with rigid, inviolable deadlines and complex reporting
requirements require enormous effort by overworked billing staffs at hospitals and
physician practices.
- Carriers’ business strategies are built on four D’s – Delay, Dispute,
Deny and Discount. As a result, carriers administratively pay only 25-40% of providers’
claims. The remaining outstanding balances carriers eventually agree to pay – or
are required to pay -- can take months or even years to collect.
Providers have two choices – (1) be a victim and continue accepting or settling
for less than you legitimately bill or (2) enlist Medtrx to begin collecting the
revenues you earn and deserve.
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