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The Top Five Digital Health Technologies in 2019

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Top Five Digital Health Technologies in 2019 In this article Reenita Das, a contributor for Forbes writes about the advancements currently taking place in the world of medical technology. Digital technologies are constantly evolving and finding new applications in healthcare, even while the industry is struggling with adoption and ‘digital transformation’. Each year new applications emerge, but the underlying technologies driving them remain the same. For 2019, we asked companies around the world one basic question: “Please indicate the key technology which you believe will have the most profound impact on the healthcare industry during 2019?” The results are not very surprising: Figure 1: Key Technology to Impact Healthcare in 2019 (Survey Results). Of course, these respondents are distributed across widely different sectors – pharmaceuticals and biotechnology, medical devices, medical imaging equipment, in-vitro diagnostics, remote patient monitoring, healthcare I...
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Thoughts For Success

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Health Insurance Penalties Finally At An End

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The federal tax penalty for not being enrolled in health insurance will be eliminated in 2019 because of recent changes made by the Trump Administration. However, those that received a penalty for not having health insurance in 2018 will still have to pay the penalty on your 2019 tax forms. The 2018 tax penalty for not having health insurance is $695 for adults and $347.50 for children or 2% of your yearly income, whichever amount is more. This penalty was designed to protect both people from skipping out on health insurance and not being able to pay off their medical expenses in the event of injury or illness. State-level health insurance penalties still may be in effect. While there will not be penalties at the federal level anymore for going uninsured or choosing a plan that is not ACA-compliant, it is still important to look at state requirements for health insurance. A large handful of states have their own health insurance penalties that are assessed when people do n...
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What Is Benefitalign?

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Benefitalign was initially launched in 2011 by Girish Panicker for health care software development and consultancy. It was specifically created under Speridian to focus on selling "Quote to Card" shopping and enrollment software to the healthcare market. By 2013, the company connected nearly 1 million consumers to health plans in multiple states and supported several state exchanges. In October 2013, Benefitalign launched three major health plans using the integrated Oracle Siebel and Benefitalign platform in Florida , Virginia and Arizona . AvMed Health Plans launched in Florida and initially served 300,000 people, Optima Health which provided coverage to over 450,000 people in Virginia and the University of Arizona ’s Health Plans in Arizona which had 150,000 members. The company found early success through the rapid changes in the healthcare industry as a result of the Patient Protection and Affordable Care Act in 2010. PPACA was encouraging the health care ...
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