74% of insurers are worried they won’t meet No Surprises Act requirements

Seventy-four percent of health plans are worried about meeting the No Surprises Act’s Advanced Explanation of Benefits requirements, according to survey results released Aug. 23 by healthcare payment company Zelis.

Advertisement

The No Surprises Act, a measure to end surprise medical bills for emergency and scheduled care, was passed in December when then-President Donald Trump signed a $1.4 trillion year-end spending bill into law. 

CMS unveiled an interim final rule addressing several provisions in the No Surprises Act in July. Most provisions outlined in the proposed rule will not take effect until Jan. 1, 2022. 

During July, Zelis surveyed 119 executives representing 98 health plans about the No Surprises Act’s transparency requirements.

Sixty-three percent of respondents said they don’t know how they will obtain the provider estimates required for the AEOBs that the act requires. Fifty-eight percent of respondents said they were uncertain about their ability to obtain the additional data required for AEOBs.

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Download Whitepaper

The cost-saving opportunity most health systems overlook

Many hospitals and health systems scrutinize staffing, service lines, and payer contracts for savings. Fewer look at one of their largest assets: real estate.…

Advertisement

Next Up in Legal & Regulatory Issues

Advertisement

Comments are closed.