Sun. Apr 18th, 2021

Michael F. Arrigo, C.E.O. of No World Borders, said, “Over 75 million Americans have healthcare coverage from an employer self-insured health plan. Employer fully funded plans cover nearly an equal number of Americans.  As a result, employers are in the healthcare business.  They should have data, tools, and technology to drive cost savings.” Arrigo continued, “Our research indicates that up to one-third of the $billions in medical costs to employers are caused by injuries that are the result of a third-party cause.  Using our patent-pending process, analytics, and expert medical bill review, self-insured healthcare purchasers can avoid paying for medical costs that is someone else’s responsibility.  Third-party administrators of ERISA self-insured plans do not always have the tools to evaluate third-party liability, which, if pursued, could significantly reduce the ERISA plan’s costs.  These solutions are also valuable for fully-funded plans, automobile, and property and casualty insurers.”

Disclaimer: This story is provided by PR Newswire. The views expressed in this article do not reflect of represent the policies of this publishing house. Trade News Network will be in no way responsible for any claims made in this story. (TNN/PR Newswire))

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