Sentences with phrase «providers on behalf of policyholders»
Health insurance claims filed with carriers by providers on behalf of policyholders require little effort from patients; 94 % of medical claims were adjudicated electronically in 2011, a 19 % increase from 2006.
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The insurance premium offered by the bank might be higher in comparison to other standalone insurance providers, as insurance is a third - party product and banks would have to purchase them on behalf of the policyholder.