Business Insurance - Corporate Risk and Employee Benefit Management news
Business Insurance - Corporate Risk and Employee Benefit Management news: "LOS ANGELES—Health Net Inc. will spend up to $140 million to settle a lawsuit with 900,000 physicians regarding its claims payment practices and institute a new system to more efficiently manage future claims.The Los Angeles-based managed care company has agreed to implement many changes to its business practices, including enhanced disclosure of certain claims payment practices; payment of electronically submitted claims in 15 days and 30 days for paper claims; and establishing an external review board to facilitate prompt, independent resolution of billing disputes." (Full story at link)
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