Single integration with OXLO replaces web of health insurance data integrations for health insurers
BROOMFIELD, CO – When the Affordable Care Act established health insurance exchanges – centralized databases to allow individuals and small businesses to compare health plans – OXLO Systems, a Colorado-based Software as Service company, recognized that data integrations between insurers and exchange partners were going to be complex and time consuming. OXLO responded by creating OXLO IntegrateOnce™, an online hub that performs all the integration work necessary to meet the unique requirements of each of an insurer’s exchange partners. Continue reading
An Overview of The Insurance Exchange
The insurance exchanges have been created as part of President Obama’s health care reform bill, to help American citizens obtain affordable healthcare. The Exchanges present state-regulated and standardized healthcare plans offered by insurance carriers allowing individuals to opt-in to individual health insurance that has met oversight rules imposed by the govt. The Insurance Exchanges are envisioned to fulfill the vision of providing consumer protection and oversight while making sure that hospitals remain cost-effective rather than abusing their privilege. While health insurance exchanges are a contentious issue, they have been put into action recently under the direction of Obama’s staff and other relevant agencies. Continue reading
How Can Health Insurance Exchanges be Beneficial?
In an effort to reform the existing healthcare problems that exist in the United States, President Obama, along with a number of democrat and some republican lawmakers, came together to create the Affordable Care Act. Although this act is being debated and contested by many opponents, there currently exist many new programs that allow for healthcare benefits. One of those programs is referred to as a health insurance exchange. While it is new, there are several ways that health insurance exchanges can be beneficial. Continue reading
Health Insurance Exchanges are new markets created by initiatives as defined in US Health Care Reform. Two pieces of legislation are collectively referred to as the Affordable Care Act and outline Health Insurance Exchanges:
- March 23, 2010 – The Patient Protection and Affordable Care Act.
- March 30, 2010 – The Health Care and Education Reconciliation Act of 2010.
Section 1311 of the Affordable Care Act establishes Health Insurance Exchanges (Exchanges) and sets a milestone January 1, 2014 for the Exchanges to begin offering health care coverage. Continue reading
Health Insurance Exchanges are the centerpiece of the private health insurance reforms of the 2010 Affordable Care Act. Through state-based Exchanges, federally-facilitated Exchanges, and Federal-State Partnership Exchanges, individuals and small employers may shop for, select, and enroll in private sector health plans known as Qualified Health Plans (QHPs). Exchanges are expected to create substantial new markets for private-sector health insurance carriers, with an estimated 27-30 million people gaining coverage through Exchanges by 2019. Continue reading
OXLO Systems Releases 35 Page White Paper to Aid Integration with Health Insurance Exchanges
BROOMFIELD, CO – Apr 9, 2012 – Oxlo Systems Inc., a Software as a Service (SaaS) company that provides business intelligence and information technology for the health care industry, has partnered with ACA-Solutions, Inc., a consulting firm formed to help health insurance companies comply with the Affordable Care Act, to release a white paper entitled “A Rapid Adaptation Strategy for Integrating with Health Insurance Exchanges.”The 32-page paper was written to help health insurance executives clearly understand the data integration requirements associated with the mandated Health Insurance Exchanges (Exchanges).