affordable care act
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The Insured, the Uninsured and the Underinsured
The New York Times has published an article that expresses investigators’ concerns that the health insurance Marketplace, located online at www.healthcare.gov, might not be ready to handle more citizens who are ready to sign up for the Affordable Care Act nor those who are wanting to make changes to their existing coverage this fall. According…
Prepping for Obamacare’s Employer Mandate
Obamacare’s widely scrutinized employer mandate is set for its delayed implementation. According to the Affordable Care Act, companies that employ 100 or more people are subject to this law starting in 2015, and they must offer insurance to at least 70% of their full-time employees. By 2016, the mandate will expand to include companies with…
What Will Another 20 Years Hold?
Pat Palmer, founder and CEO of Medical Recovery Services and Medical Billing Advocates of America, did not realize how long her medical bill auditing and medical bill advocacy organizations would be in business when she began them in 1994 and 1997. But after 20 years of her business not just surviving, but thriving, she can…
Halbig vs. Burwell: Potential Devastation to Obamacare
Nearly five million Americans receiving health insurance subsidies through Obamacare are in danger of losing their financial assistance and watching their premiums hike to unaffordable heights. Whether this happens to the fullest, doesn’t happen at all or happens on some level in between all depends on the outcome of the Halbig v. Burwell case. Under…
Where the Affordable Care Act Falls Short
Can We Fix the Horrifically Damaged Healthcare Billing System? For decades, we had heard that the healthcare system was in dire need of being “fixed”. Then, the Affordable Care Act was born and implemented in an effort to assist uninsured Americans who, in the past, had not been able to afford healthcare insurance. While it…
Why Are Hospital Systems Buying Physician’s Groups?
The Effects of Hospital Systems Buying Physician’s Groups All across the country, hospital systems are scouring the market in attempts to acquire physician groups as they arrange their business to fall in line with a system that reimburses based on quality of care, outcomes and cost control rather than the traditional fee-for-service system. In the…
How Obamacare Will Affect the Medical Billing Industry
You would have to search far and wide to find someone in the United States who disagrees that a radical healthcare overhaul is absolutely necessary. The same person would have to search equally hard to find someone who wasn’t thoroughly confused by all 2,000 plus pages of the Affordable Care Act and all the news…
Real Life Financial Crises Related to Obamacare
The political uproar since the rollout of the Affordable Care Act is covered in some of the dirtiest, mud-slinging backlashes in recent history. Citizens and lawmakers alike are frustrated, and people who once agreed now find themselves on opposing teams pointing fingers at one another. Due to the Affordable Care Act, the underlying cost of…
Why Some States Will See Higher Premium Increases With Obamacare
Speculation of the total effect of Obamacare on health insurance premiums has been reported on opposing ends of the opinion spectrum. Critics are concerned that health insurance premiums will double for many Americans. On the contrary, supporters claim that the cost of insurance increases every year, in turn, causing premiums to rise as well, but…
Open Enrollment for Obamacare Approaches with Some Flexibility
The opportunity to enroll in Obamacare without facing a penalty according to the Affordable Care Act is scheduled to end on March 31, 2014. However, President Obama has stated that he will be lenient with those individuals who are trying to enroll before the deadline, but are having difficulties or encounter a waiting period. This…