Doctors group to release report card on insurers
The nation's largest doctors' group is meeting in Chicago and plans to release a report card on health insurers Monday.
The American Medical Association's report card is in its third year. It's an effort to reduce the cost of claims processing for doctors. As much as $210 billion is spent annually just to process insurance claims.
Monday's report card comes as the nation starts overhauling the health care system. This is the AMA's first annual meeting since the passage of President Barack Obama's health care overhaul.
In past report cards, Medicare has performed better than commercial insurers. The AMA is unhappy with the way the Medicare system sets payment rates for doctors and has been lobbying for Congress to fix Medicare's reimbursement formula.