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Payment from a third-party payer after submission of a medical insurance paper claim should occur within?
Wiki User
∙ 14y ago
Generally and depending on the particular state, 90 days. Once the Ins. co has received the Demand, they have 30 days to investigate the claim, aprove and/or deny the claim. Then they have another 60 days to pay the claim, if the claim is aproved. However, depending on how complicated the claim is, they may require additional information (most of the cases, they do it), which translates in nothing else but time. Most states have strict laws on claims and it is very normal for a claimant to submit an additional claim asking for an interest on the initial claim. Examine your state's Revised Statues and Insurance Department Regulation. It is not an easy task, but very helpful. Or may be you need to speak to an attorney. Good luck.
Wiki User
∙ 14y ago
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