FAIR Health Data Contributors Begin Receiving Complimentary Annual Contributor Report
Beginning in April, FAIR Health data contributors will receive the complimentary Annual Contributor Report. This Report gives contributors an interactive view into the data they have contributed in the previous calendar year and permits comparisons to FAIR Health’s aggregated dataset.
FAIR Health data contributors—more than 60 health plans, insurance carriers and third-party administrators—already have many good reasons to contribute data. Contributors have their experience represented in a database that serves as a mirror of the healthcare marketplace and is increasingly used by government agencies as an official data source for health policy and consumer protection initiatives. Other benefits include sizable discounts for FAIR Health data products, complimentary data feedback on the quality of the data submitted and eligibility to purchase nonpublic reports incorporating our CMS Qualified Entity/Medicare data.
The new Annual Contributor Report will add yet another reason. Each year, the Report will offer contributors insights into their own data and how their data compare to the FAIR Health aggregated data repository. That repository comprises over 30 billion claim records contributed by payors and administrators who insure or process claims for private insurance plans (both fully insured and self-insured) covering more than 150 million individuals, representing 75 percent of the commercially insured US market. For example, the Report will provide an annual and monthly summary of the contributor’s totals over the past calendar year and a comparison to totals in the FAIR Health repository, as well as a comparison of average lines per claim, claims per member and charge amount per claim. The Report will also, among other features, present the contributor’s top 10 diagnosis codes, places of service, provider specialties, procedure code categories and member age ranges compared to the broader benchmark.
FAIR Health President Robin Gelburd commented: “FAIR Health is grateful to its data contributors for their continuing submissions of data. Our Annual Contributor Report is one additional way of showing our appreciation.”
If you are interested in becoming a FAIR Health data contributor, contact FAIR Health by email at firstname.lastname@example.org or call 855-301-3247, Monday through Friday, 9 am to 6 pm ET.