Improving Efficiency and Security in Electronic Payment Enrollment
Contributed by the AMA
Contributed by the AMA
In order to propel the industry into efficient health insurance payments to providers, the Affordable Care Act (ACA) requires all health plans to send payments using the NACHA Automated Clearing House (ACH) electronic funds transfer (EFT) standard upon physician request. Compliance with this ACA mandate is enforceable under the Health Insurance Portability and Accountability Act (HIPAA).
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