What's the trend
for controlling costs?
Healthcare costs have increased from
$1.2 trillion to $4 trillion over 20 years.
Family premiums are up 288%
over 20 years.
Earnings have increased 103%
and inflation has risen 73%.
66% of bankruptcies are related to medical debt.
$325 billion is lost to medical overbilling
and fraud each year.
U.S. Department of Health & Human Services found that 22% of claims were paid improperly.
ERISA Risks:
Plan administrators and fiduciaries are ultimately responsible for protecting the plan from overbilling, fraud, waste, and abuse.

Trusted by:

KLAIM INTELLIGENCE ™

TAKE CONTROL OF YOUR SELF-FUNDED HEALTH PLAN!

The engine for claims review, analysis, and recovery.
Even if your plan has improperly paid claims, it’s not too late!

100% MEDICAL CLAIMS

Scan every single claim for the past 3-years and monitors claims going forward.

FLAG OVERCHARGES

Using more than 3 million industry-standard rules coupled with hundreds of proprietary algorithms the platform automates the process to identify claims for overbilling and potential fraud.

Billing & Coding                          37%

Contracted Rates                        25%

Payment Guidelines                  18%

Fraud, Waste & Abuse                11%

Episode of Care                             6%

Summary Plan Description       3%

RECOVER LOST MONEY

Certified Medical Coders reprocess claims with providers to deliver money-back to the plan and families. 

No member involvement, ever!

ERRORS IN ACTION

UPCODING

Improper Code

DRG 269-4 Maj Pancreas & Liver K72.91 Hepatic Failure, unspecified with Coma

Employer Paid

$168,987

Proper Code

DRG 269-3 Maj Pancreas & Liver K72.90 Hepatic Failure, unspecified without Coma

Employer Should Have Paid

$54,315

$114,672 Overpayment

Hospital mischaracterized the condition of a patient as comatose, when the patient was not, costing the company significantly.

ERRORS IN ACTION

Episode of Care

Surgeon bills for
BIG TOE amputation
Radiologist bills for
RIGHT FOOT x-ray.
Hospital bills for
RIGHT LEG amputation.

$38,000 Overpayment

$7.6k of that by member

PLAN RECOVERS 5-25%

2% of the claims are returned in the first quarter. The entire recovery process takes 6-9 months.

PLAN COMPLIANCE

ERISA and CAA legislation requires plan sponsors to be fiduciarily responsible to the plan and members by protecting them from unnecessary costs.

FREE CLAIMS RECOVERY ASSESSMENT

MAKING SENSE OF MEDICAL CLAIMS

Post-Payment Medical Claims Review and Recovery

Through our engagement with our partners, Klaims AI will review every single claim to ensure billing and pricing
accuracy. This process can decreases your plan’s healthcare spend by 10%-25%.

100% of medical
claims reviewed.

5% – 15% recovered.

5X industry average.

Our process to recover funds for plans and members:

CATEGORIES OF ERRORS

Billing
& Coding

37%

Contracted
Rates

25%

Payment
Guidelines

18%

Fraud, Waste
& Abuse

11%

Episode
of Care

6%

Summary Plan
Description

3%