No Surprises Act arbitration yields high margins for mediators
STAT reports that the arbitration process created under the No Surprises Act has become highly lucrative for the neutrals who resolve disputes between health insurers and out-of-network providers. The publication notes that some arbitrators now operate with profit margins comparable to those of major technology companies. This development was detailed in a new story by STAT reporter Tara Bannow, which was highlighted in the outlet's weekly Health Care Inc. newsletter. The newsletter, edited by Bob Herman, also announced the death of veteran journalist Helen Branswell following the annual STAT Summit. The full report on the financial implications for the arbitration system is available to STAT+ subscribers.
STAT reports that the arbitration process created under the No Surprises Act has become highly lucrative for the neutrals who resolve disputes between health insurers and out-of-network providers. The publication notes that some arbitrators now operate with profit margins comparable to those of major technology companies. This development was detailed in a new story by STAT reporter Tara Bannow, which was highlighted in the outlet's weekly Health Care Inc. newsletter. The newsletter, edited by Bob Herman, also announced the death of veteran journalist Helen Branswell following the annual STAT Summit. The full report on the financial implications for the arbitration system is available to STAT+ subscribers.