UnitedHealthcare, MultiPlan's $23 Billion Influence: Higher Fees, Bills for Patients
Health insurers like UnitedHealthcare have been reaping massive fees by underpaying out-of-network doctors and hospitals, with the help of data firm MultiPlan. MultiPlan identified $23 billion in bills not recommended for payment last year. Insurers can influence MultiPlan's payment recommendations, leading to higher fees for them and higher bills for patients.
Sources
Ian Weissman, DO
U.S. consumers are learning the impact private-equity firms have on health care. Over the past decade, these firms have spent $1 trillion taking over health care companies, typically loading them with debt and hoping to sell them at a gain in 3 to 5 years. https://t.co/buHXHlYkkV
The New York Times A little-known data firm called MultiPlan helps UnitedHealthcare, Cigna and other insurers make more when less of an out-of-network claim gets paid. Our investigative reporter breaks down how it works and why patients can be on the hook for the difference. https://t.co/R0Gfpf6aqX https://t.co/P36GJL1c7k
NBC News A new study by Private Equity Stakeholder Project pinpoints the states where private-equity firms have the most influence on health care, housing, jobs and pensions. Georgia, for example, ranks high for housing, and New Mexico places high for health care. https://t.co/yOg2qFovsq
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