9.69 Late payment of medical claims can add to the cost of health care.  An arti

9.69 Late payment of medical claims can add to the cost of health care.  An article (M. Freudenheim, “The Check in Not in the Mail,” The New York Times, May 25, 2006, pp.C1, C6) reported that for one insurance company, 85.1% of the claims were paid in full when first submitted.  Supposed the insurance company developed a new payment system in an effort to increase this percentage.  A sample of 200 claims processed under this system revealed that 180 of the claims were paid in full when first submitted.a.

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