Managed Healthcare Executive August 15, 2019
Regional payers are increasingly under fire from all corners: They don’t have the capital or people to compete with the larger payers, who can offer more comprehensive plans at lower costs.
And now with retailers like Walmart and Amazon getting into the marketplace with new health insurance concepts aimed at younger, healthier (and less-costly) Americans who are the foundation of any health plan, the risks of becoming commodities—or even going extinct—go even higher.
What many regional payers are discovering, however, is that the secret sauce for fending off these pressures and creating a unique niche is analytics that give them insights into the total cost of care for their overall populations as well...
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