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ERAs and EFTs Help Increase Paperless Transactions
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Humana Military Healthcare Services, Inc. (Humana Military) and TRICARE support the shift toward paperless transactions to increase e-business and best business practices for health care claims filed by TRICARE South Region providers.
An electronic remittance advice (ERA) provides the same type of information that a paper remittance provides. The main difference is that a paper remittance is usually mailed or faxed, while an ERA is available daily in a downloadable or printable format, depending on your carrier. ERAs are secure and you can access the files at any time.
With electronic funds transfer (EFT), reimbursements are sent automatically to your bank account after completion of finalized claims payments. EFT allows you to receive your reimbursements quickly and securely—there is no waiting for paper checks or the risk of checks getting lost in the mail.
As the U.S. health system moves toward an e-business model standard, ERAs and EFTs help increase
efficiency. For more information about electronic transactions, visit the myTRICARE web site or call the Electronic Media Claims Help Desk at 1-800-325-5920 and select option 2.
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