How to Better Review Costly Hospital, Emergency Room and Other Medical Bills for Third Party Claims
3 MIN READ
Motor vehicle accidents led to more than 2.5 million emergency department visits in 2017, according to the CDC’s most recent estimates. Emergency room and other hospital visits can be costly for insurance carriers, as facility charges are some of the highest fees that carriers face when paying for medical treatments related to auto accidents.
2020 CPT Code Changes: What You Need to Know
8 MIN READ
CPT Copyright 2020 American Medical Association. All rights reserved. CPT® is a registered trademark of the American Medical Association. It’s that time of year again! The American Medical Association (AMA) 2020 Current Procedural Terminology (CPT) code set is here. There are 394 code changes in the 2020 CPT® code set.
The Power of Technology Enabled Services: Balancing Technology with the Human Touch
2 MIN READ
While technology and automation have dominated the conversation in the insurance industry for the past few years, it is important that the property and casualty industry understands the importance of digitizing while maintaining the element of human touch in claims processing.
Premiums Written: Q4 2019 Casualty Must Read Round-Up
1 MIN READ
Each quarter, I round up and highlight some of my favorite articles written by Mitchell experts and let you know where we have been published outside of our mPower thought leadership website. This quarter, I’m excited to highlight an article from Rebecca Morgan, senior director of product management at Mitchell, which was published on WorkCompWire. Below I’ve included a link to the article and a list of my other favorite articles and casualty must-reads from this quarter!
Westfield Builds Deeper Connections with Innovative Solutions
Before there were cars, electricity, and telephones, Westfield was serving customers. The group of hardworking farmers from Medina County, Ohio, that founded the company in 1848 had a strong sense of community. What initially began as a way to protect local businesses has grown into one of the leading property and casualty carriers in the United States.
The Power of an Optimized Workflow: Automation, Customization and Solution Integration
6 MIN READ
This is the fifth article in a seven-part series that highlights how technology and solution integration can result in improved claim outcomes. Claims automation can provide many benefits to the insurance industry. For example, implementing claims automation could free up 54 million to 285 million adjuster hours annually, amounting to $1.7 billion to $8.9 billion in cost savings within five to seven years, according to Deloitte.
Auto Casualty Glossary of Terms and Definitions
1 MIN READ
The auto casualty industry and pharmacy benefit management can be complex. Looking to learn more? Download our Auto Casualty Glossary of Terms to increase your knowledge of common industry terms such as fee schedule and peer review.