Wednesday, April 5, 2017

To Reverse the Rate of Unpaid Bills, Outsource Your Revenue Cycle Management Services

Over the tenure of the American Health Act (ACA), some observers have blamed it for the rise of unpaid patient bills at hospitals. Following the failure of House Republicans to replace the ACA with their own American Health Care Act, hospitals have come up with a new strategy to deal with a rising volume of unpaid bills. They bill the patient before any medical service is actually done. Hospitals are forced to try out this option because insured Americans are still required to spend thousands of dollars before their actual insurance payments ensue.

The ACA Has Led to Greater Unpaid Bills Over Time

In recent years, the ACA extended insurance coverage to as many as 20 million Americans. Initially, this allowed hospitals to reduce debt from uninsured patients who had originally been unable to pay their medical bills.

As time went on, however, more Americans on ACA plans have chosen insurance with low monthly payments, resulting in a trade-off with dire consequences. Patients now have to deal with higher out-of-pocket costs the moment they need medical care. As a result, hospitals must deal with a higher percentage of unpaid bills as patients continue to face the same dilemma over and over again when it comes to healthcare plans. Read more on this article:

Monday, March 13, 2017

Five Month Waiting Period for Disability Social Security May Soon Be Scrapped for ALS Patients

Currently, disability social security policies require a five month waiting period for the approval and release of disability benefits to victims of ALS (Amyotrophic Lateral Sclerosis or Lou Gehrig’s Disease). The length of the waiting period can be attributed to the sheer volume of applicants and the actual process required by the application.

Depending on where you sit in the queue, you sometimes can’t even be guaranteed that you will be approved within this waiting period. Any back payments can therefore be made past five months.

Immediacy of Need

For many citizens suffering such a disability, this amount of time may prove to be too long and perhaps, too late, especially when they are seeking treatment. For example, patients of ALS suffer from progressive symptoms, such as difficulty in walking, constantly tripping or falling and general weakening of the muscles. Eventually, they may even lose the capability of holding their head up, which affects breathing, speaking, swallowing and chewing. Read more from this blog.

Friday, March 10, 2017

Challenges to Gaining Eligibility for Social Security Disability for Rare Diseases May Intensify

With the impending repeal of the ACA (aka Obamacare), everyone is on guard and trying to figure out what’s going to happen next with their insurance coverage. If reports on supposed amendments are true, then a substantial number of covered individuals under the ACA will lose their coverage.

Among the sectors concerned about these changes are those suffering from rare diseases. As it stands, it can already be challenging to gain eligibility for social security disability on account of a rare disease. How much more difficult it will be under the new system is a major concern for those afflicted by a rare disease.

Status Quo

Under the current system, being granted benefits for disability under the social security system requires proof that the individual is suffering from total and permanent disability. Typically, it can be a severe physical or mental disorder lasting anywhere from a full 12 months. In determining the level of disability, the SSA refers to the “Blue Book,” a compendium of all SSA-approved disorders and their corresponding requirements for qualification. Read more on this article.