US health insurers plan to announce changes aimed at improving the preapproval process for medical care following public criticism after the killing of a UnitedHealth (UNH) executive last year, The Wall Street Journal reported Friday, citing people familiar with the matter.
The industry will pledge to simplify prior authorization by adopting a shared electronic standard by 2027, the report said.
Insurers aim to process 80% of electronic requests in real time by 2027, provided all required documents are submitted, the report said.
As part of the announcement expected next week, insurers will commit to having all denials reviewed by medical professionals, though the agreement may allow for AI involvement in the process, the report said.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Price: 304.39, Change: -2.81, Percent Change: -0.91
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。