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Article: Statement by President on Electronic Claims for Health Care Transactions
- Article from:
- U.S. Newswire
- Article date:
- August 11, 2000
CopyrightCopyright 2000 U.S. Newswire. Provided by ProQuest LLC. (Hide copyright information)
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WASHINGTON, Aug. 11 /U.S. Newswire/ -- The following was released
today by the White House:
STATEMENT BY THE PRESIDENT
Every day, tens of thousands of health claims are submitted to
insurers and other payers by our nation's health care providers.
These billing forms are often incomprehensible, inconsistent, and
duplicative, frequently serving little useful purpose. They waste
the time and financial resources of our talented health care
professionals, and can result in higher premiums and lower quality
of care.
With today's release of new national standards for electronic
claims for health care transactions, we are taking a major step
towards eliminating burdensome, time-consuming and ...