Aetna, Cigna Sign on for Multi-Plan EFT Initiative
Council for Affordable Quality Healthcare hopes letting providers enroll just once for multiple plans will be more efficient and encourage more doctors to participate in electronic funds transfer.
The tool is free to providers. CAQH charges health plans modest fees to participate.
Aetna and Cigna, each of which has about 800,000 providers in their national networks, already offer EFT enrollment through the CAQH online enrollment tool. CAQH hopes that every health plan will eventually participate in the program, said Robin Thomashauer, executive director of CAQH, in an interview. Read full story on InformationWeek
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