Government mandating healthcare
They do not deal with deductibles, copays or high premiums. He has been writing about health information technology since 2010 and has published on and is a co-host of the radio show, “The Doctor’s Lounge.” As Oct. 1, 2015, is a red-letter day that will bring the biggest single change to medical billing in the last 30 years (thanks to Congress).Supporters of ICD-10 (insurance companies, bureaucrats, health IT vendors, and academics) assure us doctors that it is worth the sacrifice.They say that ICD-9 is outdated and lacks the capacity to cover the breadth of modern medicine, and it is true that almost every other country uses ICD-10, so it is time for us to “get with the program.” How the New Coding System Was Chosen I have been preparing my practice for ICD-10 since the congressional hearings on it last February.The deduction rate increases in subsequent years by 2% in 2016, 3% in 2017, 4% in 2018, and up to 95% depending on future adjustments.According to EMRand Hipaa.com, an average AAFP (American Academy of Family Physicians) user is reimbursed 20% by Medicare.
The current medical coding system, which has been in place for decades, has had successive updates built on the one before in a logical sequence.
The number of codes has increased from about 15,000 to almost 70,000, and no code that appears in ICD-9 is valid in ICD-10.
Decades of coding experience will be carelessly tossed out the window, leaving many doctors to spend precious time figuring the new system out rather than actually treating their patients.
Canada has a universal health care system that's paid for through income taxes and sales taxes.
All Canadians are covered, and they can see any doctor they want anywhere in the country with no copays or deductibles.