95% of insurers are worried about meeting No Surprises Act requirements by deadline, study finds

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Healthcare providers and insurers must make changes to their processes and technology systems to comply with the No Surprises Act by Jan. 1, 2022 — a feat 95 percent of insurers are worried about achieving.

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. In January, healthcare payment technology company Zelis surveyed 116 executives representing 85 payers about how prepared they feel to comply with the law.

Sixty-four percent of respondents said they were concerned about adhering to the timelines required, and 61 percent said they were concerned about the transparency requirements.

Forty-one percent of respondents said they were concerned about setting the appropriate reimbursement levels and managing the independent dispute resolution process, and 39 percent said they were concerned about provider directory requirements.

Read more about the survey results here.

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