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Medicare Is A More Accurate Payer Than Private Insurers

By Igor Volsky  

"Medicare Is A More Accurate Payer Than Private Insurers"

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Given this recent report, which found that “claims-processing errors among commercial insurers add an estimated $17 billion in unnecessary administrative costs to the healthcare system annually,” Ezra Klein points out that ”Medicare is the most accurate payer, with an average accuracy rate of over 96 percent”:

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