The ‘No Surprises Act’ took effect on Jan. 1.
In the first two months since a new federal law started blocking unexpected medical bills, consumers have avoided two million would-be surprise medical bills — and it could potentially be over 12 million unanticipated bills this year.
This is according to estimates released Tuesday on the early impact of the “No Surprises Act” from the Blue Cross Blue Shield Association and AHIP, a health insurers’ trade association. “The law took effect on Jan. 1 and it prevents patients from getting blindsided by medical bills — and saddled with more medical debt — for out-of-network medical treatment. ”
After AHIP and the Blue Cross Blue Shield Association polled health insurers in April, they determined 0.23% of all commercial claims could fall under the law’s protections. The survey responses reveals 600,000 eligible claims, but researcher methods assumed an undercount between claims processing delays and historical claims processing data.
“As recently as last year, an emergency visit to the hospital may have left patients on the hook for steep, surprise medical bills,” said Kim Keck, president and CEO of the Blue Cross Blue Shield Association. “The No Surprises Act has not only put an end to this loophole, but it has provided undeniable financial protection to millions of Americans.”
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