Health Insurance Brokers
TrueFACS joins forces with the brokers to reduce healthcare costs nationally!
Errors and overcharges account for 17% to 42% of Hospital Billings in an industry that paid nearly one trillion dollars in 2008.
Our team works with TPA’s to save your clients MORE money!
Distinguish your brokerage firm from your competitors!
Hospital bills consume the largest share of medical expenses for any self-funded company. Brokers can now offer value-added services to their clients by joining forces with TrueFACS to perform forensic hospital bill audits-----which can and should be done prior to payment. Why let hospitals hold your client’s money hostage while retrospectively auditing hospital bills? Audit and negotiate settlement before payment, not after payment!
TrueFACS will audit your clients' hospital and facility bills PRIOR TO PAYMENT OF CLAIMS
Utilizing specially trained auditors, we do a unique manual “line by line” compliance audit before the claim is paid that will identify the hospital’s erroneous charges billed to your client.
We carry the process through to completion whereby payment of the adjusted bill is accepted by the hospital as full and final settlement with no balance billing to your client or their employee!
Even if your clients are getting a discount applied to total billed charges, the discount is being applied to non billable and erroneous charges. Sometimes the facility will offer them a much more robust discount rather than deal with the depth of our audit. Either way we are going to lower their cost of claims experience.
And of course when it comes to “OUT OF NETWORK” bills, the savings experienced are enormous.
Currently Insurance Companies rely upon their editing systems to identify red flags on UB-04 Summary Statements without ever seeing the real items and services billed.
Our Program allows Insurance Carriers, and self insured organizations to pay claims within the time restrictions while reducing the facility charges to a true and accurate billing and a fair and reasonable price for services when a participating agreement is or is not in place.
The bottom line is that you can now offer your corporate clients a diversified service that will distinguish your brokerage firm from your competitors. We are confident we will save your client’s money. If we don’t, they will owe us nothing. Contact us today and start improving your client’s bottom line.
Click Here to contact TrueFACS' corporate headquarters for additional information.
