The U.S. healthcare payer reform is at the cusp of a big switch-over from an employer-mediated insurance process to a consumerism process whereby numerous employees and consumers are linked directly with the payers. “Health Insurance Exchange” (HIE), the one-stop-shop (marketplace) of healthcare insurance and other associated products, is a groundbreaking tool in the implementation of the Patient Protection and Affordable Care Act (ACA).
Stacked Patients’ ARs: Are they putting a damper on your dollars ?
Under the ACA, for the people devoid of employer-based health insurance, the government or their parents will have to procure insurance on the exchanges (HIEs), where they can weigh up prices and pick policies. The people will be penalized, if they turn down to procure the insurance.
“Patient-edge bad debt” is the biggest issue that is found to raze the patient-provider relationship. Think-tanks say that the new strategic approach with HIEs, amplifies the “insured” people volume and would aid the providers to trounce the patient-edge bad debt menace in a long run.
The Verity behind HIE Concept
Autonomy of Exchanges
- State’s own exchange
- Federal government partnered exchange
- Federal government’s Default exchange
Reach BillingParadise to spice-up your bottom line through the Health Insurance Exchanges !
