On October 1, 2013 Health Insurance Exchanges (aka Insurance Marketplaces or HIX) will start operating. Here is an overview of some of the things consumer can expect. Click the “play” icon to view a presentation from Kaiser Family Foundation. “Obamacare” is short for the Patient Protection and Affordable Care Act.
Interestingly, Obamacare including HIX and Accountable Care Organization (ACO), will be impacted by a new data standard called ICD-10. Many don’t see the second order impact of multiple regulations. The data that wil be used in future coverage determinations, health of patients, and the financial exchange will be based on ICD-10 which was mandated before Obamacare. The healthcare economics related to disruptive standards such as ICD-10,, Meaningful Use of Electronic Health Records, and CORE Operating Rules, and other components come together in a mosaic of sorts that create unprecedented risk and unprecedented opportunities in health care.
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