Friday, November 7, 2014

What Is Umr Insurance

What Is UMR Insurance?


Universal Medical Resources, also known as UMR insurance, is the largest third-party administrator (TPA) in the United States. UMR has a national scope while still offering regional attention to clients.


Facts


According to the company's website, UMR works with more than 150 insurance networks, processing more than 40 million claims a year in serving more than 1,260 clients and 3 million plan members.


Function


As a third-party administrator, UMR handles administration duties for businesses, processing medical, vision, dental and disability claims. UMR works directly with a company's employees to provide personal service for insurance claims and coverage.


Features


UMR also offers care management, pharmacy benefits administration, claim recovery, reinsurance products and services, data management and non-network claims cost containment.


Location


UMR has offices across the United States, with 14 regional service centers, including sites in Tampa, Florida; Cincinnati, Ohio; Dallas, Texas; and Green Bay, Wisconsin.


History


UnitedHealthcare, which had already acquired Midwest Security Administration, purchased United Medical Resources in 2005. Three years later, UnitedHealthcare acquired Fiserv Health and brought it under the UMR umbrella.