"Uncovering Insurers' Hidden Fees: How Slashed Payments Impact You"
Insurers like UnitedHealthcare are using a little-known data analytics firm called MultiPlan to negotiate lower payments to out-of-network medical providers, resulting in unexpectedly large bills for patients. MultiPlan and insurers have a financial incentive to cut reimbursements, with the smaller the reimbursement, the larger their fee. Patients across the country have been left with large bills, while providers have seen their pay slashed, and employers have been hit with high fees. Regulators rarely intervene, and patients have limited recourse, leading to draining and mostly fruitless appeals.
