Replies to post #2664 on BioCorRx Inc. (BICX)

[65Vette]

Sorry Bones80 I totally disagree. Fresh Start has been doing a very good job collecting on insurance claims for the treatment. They have problems collecting from one insurer and that is Blue Cross Blue Shield of California which has a history of late or delayed payments. Otherwise claims are being paid. IMO after a couple quarters of solid performance and good filings it will really take off.

[itsdetatti]

Most insurance companies, including BCBS, remit payment monthly. Now they are extraordinarily picky on claims. They will reject it for even the slightest thing being off which is their way of slow paying on many claims.

Typically within 30 days claims are filed and if kicked back have a 90 day window to be re-submitted if I am not mistaken.

So, altogether, usually within 60 days they have had claims submitted and paid (up to 30 to file and 30 to receive payment).

They usually just send one large check for the total claims filed and approved for a certain period.