New codes without a corresponding commercial fee
By KATHY SCHMUTZER
Earlier this year Security Health Plan set fees for codes on its fee schedule where they previously did not exist. This was done using various available data from Fair Health, Centers for Medicare and Medicaid Services and our affiliated providers’ charge data.
Effective Oct. 1, 2018, when a new code is introduced that does not have a corresponding commercial fee, Security will reimburse providers at 60 percent of their billed charge until data is available to set the fee. In an effort to update the commercial fee schedule in a timely manner, each quarter Security will set a fee for all new codes without a fee that have been billed in the previous quarter.