US Beacon (USB) conducts compliance analysis review of medical claims for corporate and government health care and workers compensation plans.
The compliance review identifies ineligible charges along with fraud, waste and abuse issues that the plan’s TPA and/or carriers miss.
The results save plans millions of dollars and provides their employees with a better health benefit at a much lower cost. On average, USB finds over 30% ineligible claims and savings on 99% of the claims they review.
The effect to the total healthcare spends average 6% to 10% savings. There is no charge unless USB saves the plan money. USB provides the plan’s trustees and administrators with transparency and control of their healthcare expenditures.
SOURCE: US Beacon
