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Click here for more sample CPC practice exam questions and answers with full rationale

Self Funded Ins. Plan owe Interest

I am wondering if anyone can help guide me to the rule that states that a self funded insurance plan would not require to pay interest for a claim that was paid after submission approximately a year later. I challenged a payment with ASH as they are a third party that handles Chiropractic benefits for many BCBS and Cigna Members with our office. I was not under the impression that anyone was exempt from paying the interest penalty.

Please help-

Thank you,
Tessa

Medical Billing and Coding Forum