lisaray
Contributor
It never ceases to amaze me how creative the Health insurance companies are regarding their attempts to squeeze out every available dollar from their members and also their providers.
Today I received a paper check in the mail for my provider and they deducted $5.00 from the total of the check it said CHECK FEE $5.00 so check should have been $66.44 and it says TOTAL CHECK AMOUNT after check fee $61.44
So here is my take on this and also Credit card processing fees.
* Health Insurance Companies are getting kickbacks for signing up providers for Virtual Credit Card payment
* Health Insurance Companies are charging providers for their company's administrative fees So the providers are paying the administrative fees of the insurance companies to pay them
THAT IS WRONG.
I do know their is some kind of bipartisan legislation that is trying to address this issue
I am sick of Zelis....
V pay
And now this new plot to charge providers for issuing paper checks. Problem is last time I signed up one of my providers for EFT Humana took 4-5 months to process the EFT request
The CSR told me that the reason for the $5 charge was for the envelope I don't think the cost of the envelope is $5.00
Anyone else had this happen
I will be signing up the provider for EFT It is just a pain to do it and time consuming and then they take their sweet time to process. This gets more infuriating by the day to accept insurance
ANY THOUGHTS? or EXPERIENCE
I am on the phone waiting to talk to someone in Provider Relations to discuss this ridiculous charge to the provider
Today I received a paper check in the mail for my provider and they deducted $5.00 from the total of the check it said CHECK FEE $5.00 so check should have been $66.44 and it says TOTAL CHECK AMOUNT after check fee $61.44
So here is my take on this and also Credit card processing fees.
* Health Insurance Companies are getting kickbacks for signing up providers for Virtual Credit Card payment
* Health Insurance Companies are charging providers for their company's administrative fees So the providers are paying the administrative fees of the insurance companies to pay them
THAT IS WRONG.
I do know their is some kind of bipartisan legislation that is trying to address this issue
I am sick of Zelis....
V pay
And now this new plot to charge providers for issuing paper checks. Problem is last time I signed up one of my providers for EFT Humana took 4-5 months to process the EFT request
The CSR told me that the reason for the $5 charge was for the envelope I don't think the cost of the envelope is $5.00
Anyone else had this happen
I will be signing up the provider for EFT It is just a pain to do it and time consuming and then they take their sweet time to process. This gets more infuriating by the day to accept insurance
ANY THOUGHTS? or EXPERIENCE
I am on the phone waiting to talk to someone in Provider Relations to discuss this ridiculous charge to the provider