Don't overlook the value of claims auditing

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By Brian N. Anderson, David Cusick | 04 June 2014

As accurate audit, including pharmacy and medical claims, has the potential to pay back the investment. Regular audits of medical and pharmacy claims can find discrepancies (like instances of duplicate billing, wrong or missing discounts, etc.), which can lead to recovering overpayments. Audits can also help identify problems regarding the way a plan is set up and can provide guidance on eliminating inaccuracies, reducing cost, and preventing waste.

This article was published in Employee Benefit News.

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