AMA Issues Grace Period Guide to Assist Physicians
New resources offer step-by-step help for minimizing riskCHICAGO - March 19, 2014 - The American Medical Association (AMA) today announced new resources to guide physicians on navigating a little known rule in the Affordable Care Act (ACA) that could pose a significant financial risk for medical practices. The rule published by Centers for Medicare & Medicaid Services (CMS) provides individuals that purchase subsidized coverage through the state insurance exchanges a 90-day grace period before their coverage is cancelled for non-payment. Under the CMS rule, insurers in health exchanges