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Congressional Updates That Will Affect You: Surpri ...
Congressional Updates That Will Affect You: Surprise Billing, Pre-Certification and E&M
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Video Transcription
Video Summary
The discussion explores prior authorization, a process insurers use to approve medical services before coverage, often seen by providers as a barrier causing denials and delays. It highlights the significant administrative burden and costs, with denial rates varying widely. Prior authorization has expanded from commercial insurers to Medicare Advantage and Medicaid. Studies show it can save costs but may delay necessary care, leading to higher expenses later. Proposed solutions include exempting trusted providers, sunsetting ineffective authorizations, and increasing automation. The Improving Seniors' Timely Access to Care Act aims to standardize electronic prior authorizations, increase transparency, and reduce unnecessary denials, with bipartisan support expected.
Asset Caption
Dr. Eric Stiefel
Keywords
prior authorization
insurance approval
medical service delays
administrative burden
Improving Seniors' Timely Access to Care Act
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