In an effort to simplify payments of medical bills, U.S.
UnitedHealth Group Inc.
) has introduced online payment service.
UnitedHealth initiated this service along with InstaMed, the
leading health care payments network company. The facility is
named as myClaims Manager and will make it convenient for more
than 21 million plan participants of the company's schemes.
The service will be available throughout the U.S.
Along with making payments online, the customers can also
avail other services like managing their health care claims and
UnitedHealth already had a portal called myuhc.com for plan
participants. This online bill payment facility is now added to
it. The online facility allows members to check their claims
status; amount of their individual and out of pocket spending;
keeping a check on their medical expenses for tax purposes;
provide claim details; enabling the customers to follow up with
their claims as well giving them an explanation for complicated
This step is in sync with the company's effort to simplify
every step of the healthcare payments process all in one place,
to collect more, get paid faster and reduce the time and costs to
The facility is easy to use and payments can be made simply by
using credit card, debit card, health savings account, or bank
While making it convenient for the customers, this service
will help the health care providers to receive timely payment
from customers. Physicians as well as other health care providers
can receive online payments by registering themselves on the
UnitedHealthcare employer customers of all sizes as well as
their employees can use this service. With technological
advancement increasing, a number of people are using online and
other ways to interact with health care professionals as well as
to make payments.
The Health Care Reform also encourages health providers to
make investments in technology, which will bring down overall
health related costs.
Other health insurers which are increasingly investing in
) as well as
Going forward we expect to see health insurers design more
online services and make increased use of technology.
AETNA INC-NEW (AET): Free Stock Analysis
CIGNA CORP (CI): Free Stock Analysis Report
UNITEDHEALTH GP (UNH): Free Stock Analysis
WELLPOINT INC (WLP): Free Stock Analysis
To read this article on Zacks.com click here.