AMA's Annual "Rating" of Health Insurers Released, Improvements found in First-pass Payment Accuracy

June 27, 2012

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The American Medical Association's (AMA) annual Health Insurer Report Card rates the nation's largest third party payers on the systems they use to manage, process, and pay medical claims. The report card provides information on both improvements in the industry as well brings to light areas of concern regarding claims revenue cycle activities.

The 2012 AMA Report Card reveals that the number of medical claims paid incorrectly by large private health insurers has been cut in half, dropping from an error rate of 19.3% in 2011 to 9.5% in 2012, equating to $8 billion in health system savings due to a reduction in unnecessary administrative work to reconcile errors.

For more information and to view the 2012 AMA National Health Insurer Report Card, visit the AMA website.