Two New York Insurers Agree to Fund Database
Not long after United HealthCare agreed to shut down its Ingenix “usual and customary” database and pay $50 million to establish a nonprofit group to run a new database that will determine payment rates for out-of-network health care providers, two additional regional insurers have agreed to ante up. New York insurers, Independent Health and HealthNow New York, Inc., will pay more than $600,000, according to a Dow Jones news report.
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