Common use of Claims Turnaround Clause in Contracts

Claims Turnaround. The Claims Turnaround is measured as the number of calendar days in which a claims processed to conclusion. The processing of a claim is considered completed on the date that a payment, an Explanation of Benefits form or a denial of claims has been forwarded to the person covered under the Plan or the provider of service. Results are provided quarterly. Penalty is based on an annual average.

Appears in 4 contracts

Samples: Administrative Services Agreement, Administrative Services Agreement, Administrative Services Agreement

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Claims Turnaround. The Claims Turnaround is measured as the number of calendar days in which a claims processed to conclusion. The processing of a claim is considered completed on the date that a payment, an Explanation of Benefits form or a denial of claims has been forwarded to the person covered under the Plan or the provider of service. Results are provided quarterly. Penalty is based on an annual average.. Weighting of Performance Results AA.W.

Appears in 1 contract

Samples: Administrative Services Agreement

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