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The Truth about the Affordable Care Act and Medicare

The Patient Protection and Affordable Care Act (PPACA) was passed amidst a lot of fanfare on one hand and a lot of fear and dismay on the other. The folks from the latter half feared, amongst other things, that these new health reforms would take away or reduce their Medicare benefits. However, if one examines […]

Act or Not, States will End up with Insurance Exchange

The states may be fighting to do away with the Exchanges, but experts believe that if they are successful, the Federal Government may form the Exchange, which effectively means that America will have a regulated insurance market place in any case. The Affordable Care Act mentions that if a state refuses to form a health […]

Federal Grants for States to Bring Transparency in Premium Hikes

The federal government is doing all that it can to ensure that the states are not short of resources while implementing the Patient Protection and Affordable Care Act. The US Department of Health and Human Services has announced a funding of $200 million for the states to develop programs that will bring in more transparency […]

Exchange will not displace Agents and Brokers, say Experts

A recent statement by Joel Ario, head of the insurance exchange bureau at the U.S. Department of Health and Human Services (HHS), is sure to calm down the nerves of agents and brokers who were fearing that they might be put out of the work by the Exchange. Speaking at a conference organized by the […]

It is Time to Insure the Baby Boomers

The Census Bureau estimates that in another 10 years, 16% of the American population will be 65 or above. This phenomenon, known as the Baby Boomers has added an interesting twist in the tale of health insurance in the country. The Medicare Trustees Annual Report states that in 2011 a significant number of Americans will […]

The Difference Between Medical and Health in Electronic Records

MEDICAL and HEALTH may appear to be synonyms, but when sandwiched between Electronic and Record, they create terminologies that are significantly different from each other. Electronic Medical Record (EMR) and Electronic Health Record (EHR) are not one and the same, and contrary to popular belief they should not be used interchangeably as well. The National […]

The Insurance Exchange and Brokers: A Friendly equation

The state based health insurance Exchange is an attempt to bring the consumers a step closer to health insurance companies. However, that does not mean that the role of middlemen such as agents and brokers will be completely eliminated post 2014. A large number of residents still believe in the authenticity of a face to […]

Are Health Insurance Exchanges a Link in a Better-Value Chain?

In the better-value chain, where healthcare services are offered at an affordable cost, the importance of any change can be gauged only after it succeeds at its core mission. If the mission is to increase transparency of how insurance companies work, the decrease in unsatisfied consumers would define it. If the mission is to disseminate […]

US health insurers: Are they retail ready?

Change is the only constant in this world, they say. But when it comes in such a magnitude, it needs to be recognized, talked about, analyzed and acted upon. The US healthcare system is seeing a shift from wholesale to retail side. It has a definite impact on the insurers and so on the dynamics of […]

HCR and HIT: The two make a deadly pair

Till now, health IT (HIT) has remained an economic outcast in the system that is all set for an overhaul—an overhaul that could mean affordable health insurance possible for one and all. But how could a robust system sustain such a renovation and modernization without potent tools? Pretty strangely, the US budget for HIT has […]