The Medicare system is set to undergo a drastic change. Starting in the spring of 2018, all Medicare beneficiaries will be transitioning to a new identification system. As part of the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA), this transition is designed to protect millions of Medicare beneficiaries. Through MACRA, beneficiaries will now be assigned a new Medicare Beneficiary Identifier (MBI) that will replace the problematic SSN-based HICN with a more unique and secure identifier. This new number will help to prevent medical identity theft, better protect private healthcare and financial information, and safeguard federal healthcare benefits and service payments. Expected to impact claims, reporting and payments for millions of individuals, this conversion will require significant changes to current healthcare systems. Is your organization prepared?
Download a white paper co-authored by our partners Jacobson and Cognisight:
MBI Ready to Replace HICN: Is Your Organization Prepared?