ATTN. PLAN MEMBERS – Carry In Your Wallet or Purse At All Times
“Plan members (and the Plan) are completely indemnified against balance billing…….AMI Indemnity, an indemnity captive completely protects the plan and participant from additional legal or financial risk associated with a balance bill.”
WellRithms Closes In on Year of Record Client Savings Backed by Best-in-Class Balance Billing Solution for Health Plans and Members
SOURCE: MyHealthGuide
WellRithms, Inc. is closing in on another year of record savings for group health plans and members, driven by plans embracing the industry’s most successful solution for medical balance billing.
This growth follows four consecutive years in which the company landed in the top quartile of the Inc.-5000 list of America’s fastest-growing companies.
“This was our third successful year of protecting plans and their members from egregious balance billing attempts using WellRithms’ Shield,” said company CEO Merrit Quarum, M.D.
“With WellRithms’ Shield, a patient does not have to retain or work with an attorney,” he added. “Instead, the member and plan are completely indemnified, and any provider attempts to collect must be directed to WellRithms. Neither the member nor plan gets dragged through the courts or suffers the emotional and financial strains of litigation.”
WellRithms’ Shield is backed by AMI Indemnity, an indemnity captive that completely protects the plan and participant from additional legal or financial risk associated with a balance bill. The captive shields plans and members from litigation tactics, legal fees, and additional payments, even in the unlikely event of an adverse judgment. The protection and savings are guaranteed.
Medical overbilling has grown in complexity, frequency, and scope. Medical claims exceeding one million dollars rose 45% from 2019 to 2022 according to a recent trends analysis by Sun Life. WellRithms provides Sustainable Claims Pricing for entire plans, or for one-off complex bills. As company CEO Dr. Quarum noted, “The price we determine is fair and final, and we do not negotiate the savings away. All of the company’s products are backed by years of medical, legal, and technological experience.
“It’s through this proven record of protection and attention to detail that the company has earned our reputation as the master of payment integrity.”
About WellRithms
WellRithms works to Level the Paying Field™ for purchasers and providers of health care committed to fairness in medical billing. The company is recognized as the Master of Payment Integrity™, serving group health and workers’ compensation payers who rely upon the company’s unparalleled technical, medical, and legal expertise. WellRithms is the only company that will assume all legal and financial liability for a client’s problem claims, thereby guaranteeing the recommended payment amount and protecting plans and members from provider balance billing and collection threats. Contact Kevin Renner, Executive Vice President, Marketing, at krenner@wellrithms.com and visit wellrithms.com.
