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Experts estimate that insurance companies' tardiness in

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Joined: 02 Mar 2017
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GMAT 1: 700 Q51 V34
Experts estimate that insurance companies' tardiness in [#permalink]

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New post 05 Aug 2017, 00:12
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a) Some doctors who submit accurate bills to insurance companies still receive tardy payments. - The word "SOME" does not weakens the conclusion

b) The cost to the insurance companies to process incorrect bills from doctors' offices is roughly equivalent to the increased costs that physicians accrue as a result of tardy payments from insurance companies. - Opposite Answers. It strengthen the fact that there is economic benefit to the insurance company

c) A rising proportion of medical claims submitted by doctors to insurance companies are deemed illegitimate by those insurance companies. - At best irrelevant. At worst strengthen the fact that insurance companies are taking time to figure out the legitimate claims.

d) The billing errors made by doctors' offices are typically very minor, such as the submission of a claim with an outdated patient home address. - Even if it is minor- does not weakens the claim made by insurance company.

e) The overhead costs incurred by doctors as a result of delayed insurance payments result in an increase in the premiums paid by consumers to health insurance companies that far exceeds any increase in the fees paid to doctors by insurance companies.- Correct. Shows that insuranc company delays the payment to receive larger premiums and hence garner economic benefits out of their tardiness.

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Re: Experts estimate that insurance companies' tardiness in [#permalink]

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New post 08 Aug 2017, 12:24
Merged topics. Please, search before posting questions!
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Re: Experts estimate that insurance companies' tardiness in   [#permalink] 08 Aug 2017, 12:24

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Experts estimate that insurance companies' tardiness in

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