Resources
Centaur for Payers
Fact Sheet
- Insurers spend $2-5 billion annually on solutions to mitigate FWA in the US, but catch less than 10% of fraudsters
- Fragmented legacy claims management systems with little automation make the task of FWA detection difficult
- Payors may be forced to charge higher premiums to mitigate the impact of FWA to their bottom line
- Networks may shrink as payors renegotiate fees with providers leading to quality of patient care issues and higher costs to patients
