Wednesday, April 27, 2016
Affordable Care Act Marketplace: One More Step Closer to Better RCM
One of the provisions in the ObamaCare Act, more formally known as the Affordable Care Act, is the establishment of a marketplace where applicants can get insurance information as well as multiple quotations and seamlessly enroll all on one go. Aside from insurance options, the platform is also a good place to head to if you are looking for information on eligibility for coverages as well as tips on how to lower costs involved in health care. Not many people may know it but there are actually three types of Affordable Care Act marketplace – the federally sponsored marketplace, joint or partnership-run, and the state-based marketplace. This marketplace is oftentimes also referred to as Health Insurance marketplaces and health insurance exchanges. The main difference between the two is typically the qualifications but the process of applying is still the same, and can be done at HealthCare.gov.