Quotes from Recent Articles
-
Texas Fines Aetna "$1.1
million for slow claim payments"
-Insure.com, November 2, 2001
-
Senator Torricelli (NJ)
says: "$150 million in HMO payments over 60 days or
longer"
-Senator Torricelli Press Release, October 31, 2001
-
Koch of Ohio Health says:"$100
million a year or about 10% of total revenue"
-Business First- The Greater Columbus Business Authority, July 13,
2001
- Insurance Commissioner of Georgia fines
"Prudential Health $200,000 and Cigna Healthcare
$300,000"
-Amednews.com, June 8, 2001
- "The knowledge of Prompt
Payment Laws can make for quicker payment."
-Healthcare Financial Management, May 2001
- "The Department is committed to
achieving full company compliance with the Prompt Payment statutes and
rules...."
-Texas Insurance Commissioner's Bulletin No. B-0023-01, May 18, 2001
- California Healthcare Association says:
"California hospitals are owed over (1) billion rendered under
contract and with pre-authorization."
- American Medial News, October 9, 2000
- Ohio State Medical Association says: "50% of claims not paid within 24 day deadline. Tracked
6000 claims for two (2) months on sixteen physician
groups.
-Quadax Newsletter, Summer 2000
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