UnitedHealth and CVS Health have made significant strides in standardizing prior authorization processes, with over half of their requests now streamlined to reduce delays and administrative burdens for patients and doctors. By year-end, UnitedHealthcare intends for 70% of its authorizations to follow this standardized approach, while CVS’s Aetna unit has already achieved 88%. This initiative targets commonly authorized services, aiming to improve predictability and decrease additional information requests, although coverage rules will remain unchanged. These efforts reflect a broader industry commitment to enhance transparency and minimize red tape in healthcare approvals.
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Link to original article source: https://finance.yahoo.com/sectors/healthcare/articles/us-health-insurers-advance-measures-131626532.html
