As states continue to show indecision regarding the establishment of health insurance exchanges, the American Medical Association has decided to enter the fray. The association, comprised of medical professionals throughout the U.S., has issued a number of recommendations to the Department of Health and Human Services. The AMA has suggested a number of rules that would serve as protection for patients and physicians participating in the exchanges. The AMA has also stated that physicians and patients should have a governing role in a state’s health insurance exchange program. Though the…
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American Medical Association seeks open market-style health insurance exchanges
The American Medical Association has started to apply pressure to the states in order to send the system in a direction that would permit all health insurance companies of meeting the minimum standards to take part in the insurance exchanges that will be created by 2014 as a part of the healthcare overhaul. This significant doctors organization has announced that it will be putting its full support behind the health insurance exchange structure that allows for an open marketplace instead of the “active purchaser” style alternative. That latter technique would…
Read MoreMichigan is home to the nation’s fourth worst insurance market, according to report
A recently released report from the American Medical Association casts some doubt on the insurance market in Michigan. The report shows that the state has the fourth least-competitive health insurance market in the U.S. The findings are the result of rigorous studies done throughout the country to find how many companies are actually participating in the various markets. The lackluster status of Michigan’s market may be due to the fact that Blue Cross Blue Shield encompasses the majority of the market. According to the report, the large insurance corporation controls…
Read MoreAmerican Medical Association gives the health insurance industry a poor grade in new report
The American Medical Association has announced disturbing finding regarding the nation’s health insurance companies. The AMA has released their latest National Health Insurer Report Card, which is a report that informs both the public and the health care industry about the accuracy insurance claims processing. Last year, the report found that nearly one in five of claims received by insurers had been processed incorrectly. The AMA had hoped that their report would spur health insurer to make changes to how they process claims. The latest report, however, shows that little…
Read MoreBig Insurer, Big Information!
Blue Cross and Blue Shield Association will transform their healthcare data analysis service Later this year, big insurer Blue Cross and Blue Shield Association will transform their healthcare data analysis service into its own business. Founded only 4 years ago, Blue Health Intelligence reviews millions of claims and details how healthcare is being put to use by policyholders. Claiming its database surpasses that of the government, Blue Health Intelligence uses its analysis to determine trends and offer insights to quality of coverage – a service that is quite cost effective.…
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