What is the typical turnaround time for an insurance company to approve a prior authorization?

Question

Quizplus · Accepted Answer

The typical turnaround time for prior authorization approval is up to 7 business days. Some insurance companies may approve their authorizations rapidly, but in general, this is a process that can take approximately one week to complete. This is because the doctor's office has to complete paperwork and send it to the insurance company for review, and the insurance company's review process can take a few additional days. If no response has been received by the pharmacy after 7 business days, the process may need to be re-initiated.

What Is the Typical Turnaround Time for an Insurance Company