Claims data definition
Examples of Claims data in a sentence
To facilitate this process the Contractor shall supply data, including but not limited to Claims data and Medical Records, to the EQRO.
Claims, data and other information submitted to Health Plan pursuant to this Agreement may be used, directly or indirectly, for purposes of obtaining payments from Federal or State governments under Federal Health Care Programs, and payments that Providers receive under this Agreement may be, in whole or in part, from Federal funds.
Calendar Year 1: Two semi- annual reports as follows: Due June 30 to include Claims data beginning January 1 through June 15 and due December 31 to include Claims data beginning June 16 through December 15.
Calendar Year 3: Two semi- annual reports as follows: Due June 30 to include Claims data beginning December 16 through June 15 and due January 15, 2019 to include Claims data beginning June 16 through December 31, 2018.
Risk adjustment uses information on an Enrollee’s medical conditions, as reported in Claims data, and other factors to predict health care costs and adjust payments to MCOs. Risk adjustment helps ensure payments to MCOs are more equitable and mitigates the impact of selection bias, thus protecting MCO solvency and reducing incentives for plans to avoid high-risk individuals.