
|Articles|January 24, 2014
Why you need to test your edge server ASAP
Test your system to manage the three main risks in the complex process
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Edge servers are the secure systems that plans must use in the exchanges to transmit
And there are risk implications for issuers within the complex edge-server program:
- Financial Risk: The amount of reinsurance and risk adjustment payments that an Issuer will receive will be completely dependent upon the accuracy and completion of file submissions. Errors in this process will cause significant financial risk and cash flow issues.
- Compliance Risk: Given that Federal funds are at stake, inaccurate submissions create a significant compliance risk for Issuers.
- Operational Workload Risk: Inaccurate data submissions will generate high volumes of error records that will need to be investigated, corrected and resubmitted.
Source: HealthScape Advisors
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