Thursday, April 4, 2013

Health Insurance Exchanges Implementation

Kaiser Family Foundation published a fact sheet on "Establishing Health Insurance Exchanges: A Overview of State Efforts".  This fact sheet highlighted the state-based health insurance exchanges (& implementation of these exchanges) which are a key component of the Affordable Care Act (ACA).
  • 17 States & Washington DC intend to establish a state-based exchange
  • Mississippi's application for state-based exchange was rejected
  • 7 States are planning on a partnership exchange
  • 26 states will default to federal facilitated exchange
  • State-based exchanges must provide access to telephone call centers, build a website with information about insurance options and application assistance and create a Navigator program to improve public awareness and enrollment.
  • According to the article, $3.5 billion dollars were distributed to all but 4 states to aid in the funding of the IT infrastructure that is necessary to support the exchanges.
  • The fact sheet also has a Figure with "Total Federal Grants for Health Insurance Exchanges" and a Table with "Characteristics of State-Based Exchanges" 
To download the full PDF, please click the following link: Establishing Health Insurance Exchanges: A Overview of State Efforts

For additional billing, coding, and reimbursement resources, please click the following link: Medical Reimbursement, Inc. Resources

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