HHS Finalizes Unique Health Plan ID Rule, Coding Delay

Law360, New York (August 24, 2012, 1:56 PM EDT) -- Federal regulators on Friday finalized a rule creating a unique identification number for individual health plans and making official a delay in the implementation of the new ICD-10 coding system from 2013 to 2014.

Under the new rule, every health plan and third-party administrator in the U.S. will be identified in electronic transactions by a unique, standardized, 10-digit number. The U.S. Department of Health and Human Services predicted that the identifier could save the health care industry between $1.3 billion and $6 billion over the next...
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