Payer Power

The manual coordination of benefits process is no easy task. Each year, commercial insurers must conduct frustrating annual member surveys and touch claims multiple times, often at great cost and without much payoff. What if there was a better way? HMS’s podcast, “Redefining Commercial Coordination of Benefits” explores the new frontier in coordination of benefits—automation. Automated solutions not only streamline the coordination of benefits process and ease administrative burdens, but they can also help plans save 25 cents per policy holder for month. For a 100,000-member plan, that could mean an annual savings of $300,000. Listen now to discover the reasons automated coordination of benefits is coming to the commercial market and how an automated solution can help your plan save big.