The elements of a highly successful COB strategy
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Health plans are always under pressure to deliver fast payment even for the most complex claims, which can be particularly challenging when it comes to COB. That means in most cases, plans must resort to a “pay and chase” approach, increasing provider abrasion while reducing savings.
Unique in the market, Cotiviti’s prepay COB Validation solution can deliver an additional 30% savings beyond internal teams and other vendors while prospectively analyzing members and paid claim types across all medical insurance products.
Watch our new video as Naomi Murphy, senior vice president of coordination of benefits, explains how our pause-and-pay solution:
- Drives incremental savings through improved conversion
- Delivers a full-service experience
- Lowers internal resource costs