Document type

Intelligent Coverage Verification Processing

Quickly verify insurance coverage details, including policy status, covered entities, benefit limits, and exclusions with high accuracy.

99.8%Accuracy
90%Time Saved
24/7Processing
Processing Steps

How to Process coverage-verification

Follow these simple steps to extract data from your coverage-verification

1

Upload Verification Document

Upload the coverage verification document or request form

2

Policy Identification

AI identifies the policy and verification details

3

Coverage Extraction

Extract all coverage details, limits, and exclusions

4

Verification Report

Generate a standardized coverage verification report

Extracted Data

Coverage Verification Fields

ParseIQ automatically extracts and validates these fields from your documents

Field NameTypeRequiredDescriptionExample
verificationIdstring YesUnique identifier for the coverage verification requestN/A
requestDatedate YesDate when verification was requestedN/A
verificationSourcestring YesSource of the verification informationN/A
insuranceProviderstring YesName of the insurance companyN/A
policyNumberstring YesInsurance policy number being verifiedN/A
policyTypestring YesType of insurance policy (auto, health, property, etc.)N/A
policyholderNamestring YesName of the policyholderN/A
policyStatusstring YesCurrent status of the policy (active, lapsed, cancelled, etc.)N/A
effectiveDatedate YesDate when the policy became effectiveN/A
expirationDatedate YesDate when the policy expiresN/A