Thomas Ray & Associates provides comprehensive audit services to self-insured heath benefit plans. Our team has the experience and performs the work, providing you with the best service. Our level of experience, paired with a customized approach, will ensure you a valued outcome.
The average error rate for a self-insured health benefits program is 1-5%. How big is your plan and how much is at-risk? A plan with claims costing $200M could have $2,000,000 at-risk, given a 1% error rate. Additionally, health care costs are increasing annually at a rate of 6.5% (or $13,000,000 using the same example) and a 1% error rate could increase.
TRA provides services to optimize your health benefits administration including Benefit Department Review, Claim Auditing, Data Analysis and Overpayment Recovery.
To learn more, please contact us at 404-367-5444 or ec@thomasrayassociates.com.