PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Looming Health Insurance Exchange Deadline Emphasizes Ongoing IT Challenges Finds Frost & Sullivan - Investors demand proof of effectiveness of the actual
Looming Health Insurance Exchange Deadline Emphasizes Ongoing IT Challenges Finds Frost & Sullivan

 

NewswireToday - /newswire/ - Mountain View, CA, United States, 2013/08/01 - Investors demand proof of effectiveness of the actual "big data" architecture and infrastructure.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering IT Services/Network Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

One of the single most important determinants of success or failure of the present administration's vision of healthcare reform, or the Patient Protection and Affordable Care Act (PPACA), is the establishment of a Health Insurance Exchange (HIX) in each state. PPACA mandates begin October 1, 2013, providing all Americans the ability to shop online for health insurance on state- or federally-managed HIXs. Nearly seven million Americans are expected to enroll in health plans of diverse values by this period, with plans becoming effective January 1, 2014.

As noted in Frost & Sullivan's ongoing coverage of the HIX market, carrying out the plan is a massive undertaking, as each state must connect with federal agencies to determine the applicant's eligibility for federal subsidies and Medicaid. This requires the Internal Revenue Service (IRS) to validate income based on tax returns and the Centers for Medicare and Medicaid Services (CMS) to verify if the applicant is enrolled in Medicaid or similar programs.

For more information on this research, which includes Health Insurance Exchanges: Part 1: The Opportunity Spectrum from Private to Public HIX as part of an ongoing series, please email Jennifer Carson, Corporate Communications, at jennifer.carson[.]frost.com, with your full name, company name, job title, telephone number, company e-mail address, company website, city, state and country.

The Department of Health and Human Services (HHS) termed this colossal, impending HIX the "data-hub," which is facilitated through the marketplaces. HIX is intended to connect major federal agencies, each state, hundreds of insurance companies, and millions of citizens, some of whom are seeking healthcare coverage for the first time.

"The creation of HIXs across the country will generate a newly functional and interoperable health information super highway for sharing data," noted Frost & Sullivan Connected Health Senior Analyst Patrick Riley ([.]Patrick_FrostHC). "This leads to a proliferation of tethered business opportunities."

So far, HHS has spent almost $400 million creating this digital pathway. According to the most recent Government Accountability Office (GAO) report (July 2013), the administration will need an additional $2 billion to establish and operate the federal HIX in 26 states.

However, HIX participation at the state level is still very much undetermined, despite the abundance of opportunities. In total, 34 states have elected not to participate in overseeing a HIX. Consequently, per the PPACA, the federal government will manage it for them.

Potential participants require a contingency plan for the eventuality of a doubling, or even tripling, of the number of applicants. They also demand more concrete data about the level of complexity of the application and the type of assistance available to users.

Should the IT components not be fully operational in time for the HIXs to go live, the contingency plans must provide adequate backup. Some of these potential plans include training social service and small business groups to serve as navigators during the enrollment process and deploying a well-staffed call center to handle online consumer queries. HIX agencies will also be well served by fostering strong relationships with health insurance carriers to aid in the seamless on-boarding of new families and individuals with health insurance.

"Once these enrollment and eligibility processes are successfully tested, many Americans who have never enjoyed health insurance benefits will have access to care," noted Riley. "States such as New York that are doing everything possible to employ their state-run HIX are already experiencing high returns."

Frost & Sullivan's four-part market insight series on the HIX market in the United States is available through Frost & Sullivan's Connected Health Growth Partnership Service program, which covers markets including health IT, telehealth, remote monitoring and mHealth.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion | Join Us: Join our community | Subscribe: Newsletter on "the next big thing" | Register: Gain access to visionary innovation.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering IT Services/Network Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
IT Services/Network Management articles,
CATCH Visitors via Your Competitors Announcements!


Looming Health Insurance Exchange Deadline Emphasizes Ongoing IT Challenges Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan | IT Challenges
Publisher Contact: Jennifer Carson - Frost.com 
210-247-2450 jennifer.carson[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

IT Services/Network Management via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read IT Services/Network Management Most Recent Related Newswires:

DigitalRoute to Attend TM Forum Asia on December 7-8 in Singapore
Evolve IP Honored with BroadSoft ‘Game Changer’ Award
ADVA Optical Networking Introduces Ensemble SmartWAN to Accelerate Virtualized SD-WAN
NEC Enhances Security At The 2016 APEC Economic Leaders' Week in Peru
Philip Linehan Joins EDTS as Sales Executive in Carolinas, Georgia
Multipharma Signs Five-year Contract with Damovo for Transformation Towards New Way of Working
Marcus by Goldman Sachs Deploys Finacle Solution on Cloud for its New Online Lending Business
ICSA Labs Affirms Radware's DDoS Mitigation Software and Testing Methodology
Verint Receives Frost & Sullivan’s Best Practices in New Product Innovation Award for Robotic Process Automation
NEC Participates in Global Wireless Summit 2016
Oscilloquartz Synchronizes Indian Defense’s National Transport Network
Infosys Invests in Stellaris Venture Partners
Verint Named a Workforce Optimization Market Leader in New Research from DMG Consulting
SAS® Data Management Update Extends Self-service, Expands Access to Cloud and Big Data
eHosting DataFort Awarded ‘Managed Services Provider of the Year’ At Seventh Annual ICT Achievement

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  Triggr & Bloom





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)