History of Medical Insurance
Category: Other
Updated: 22 Sep 2017
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Created bywillrichterjordan@gmail.com
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The first Health insurance policy was provided
by the Franklin Health Assurance Company of
Massachusetts.President Franklin Theodore Roosevelt signed
legislation to provide workers compensationFirst blue cross policy was a plan
initiated by Baylor university to
guarantee Dallas teachers 21 days
of hospital care for 6$ a yearFirst Blue shield plan was founded
in California.The WHO developed IDC to collect
data for statistical purposesCPT was developed by the American
Medical Association including E/M sectionMedicare established to provide health
care services to Americans over the age
of 65Medicaid established a cost-sharing
program between the federal and the
state governments.Occupational safety and health
Administration established and
is designed to protect all employees
against injuries form occupational
hazards in the workplace.HMO Act of 1973 authorized federal
grants and loans to private organizations
that wished to Develop HMO's.CHAMPVA provides health care
benefits for dependents of veterans
rated as 100% permanently and
totally disabled as a result of service
connected conditions.Health care financing
administration formed to
combine health care
financing and quality
assurance programs
into a single agency.Blue Cross Blue Shield
Association formed by
merger between Blue
Cross and Blue ShieldConsolidated Omnibus budget
Reconciliation Act of 1985Medicare began requiring
physician to submit I(1)-9-cm
codes on HCKA-1500 now
called CMS- 1500 Claim formsHealth Insurance Portability
and Accountability Act of 1996HCFA changed its name to
Centers for medicare and MedicaidEIN assigned by the IRS
for ruse in health care transactionsProviders Began Applying for NPIProviders must utilize NPI on
electronic claimsSmall Health plans must
utilize NPI on electronic claims.Helathcare reform act,
President Obama signed the PPACAOpen enrollment for Helath
Insurance Market PlaceAll Americans will have
access to affordable health
care options.Mandatory use of ICD-10 for
all medical providers
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