Andy NearyI help insurance professionals turn brand awareness into business growth.

SOTSQ Episode 9 - These Stats About Back Claims Are Crushing Your Health Plan

19 Jul 2018 · 1 min

Watch on YouTube

1:00

Andy Neary breaks down why health plans hemorrhage money on back pain: 56 million Americans affected annually, $86 billion spent, yet only 5% actually need surgery. Insurers auto-approve over 90% of claims without review.

Questions this video answers

56 million Americans per year.

5%.

$86 billion per year.

Over 90%.

July 24th (year not specified in this chunk).

Chapters

Good morning. We are taking Striking out the Status quo live on the road this week. Listen, your health plan is your money and right now your health plan is paying for a lot of unnecessary care and a lot of over inflated pricing. Think about back claims for a second. In America, 56 million Americans deal with back pain every year, yet 5% of those individuals will ever have to have surgery. Yet as a healthcare industry, we spend $86 billion a year treating back pain. And to make matters worse, your insurance carrier is probably auto adjudicating over 90% of those claims. They're not even looking at the bill. They're just automatically paying for those unnecessary treatments at over inflated pricing because they make money on that. Guys, it doesn't have to be this way. If you're interested to learn how to fix this problem, I want to invite you to join us for an exclusive webinar on July 24th where you will learn how your organization can take the financial pain out of your musculoskeletal claim. So just click up the link below to register and we look forward to seeing you next week. And until then, bear down, focus on the target, and strike out the status quo. Have a great afternoon.