Private Health Insurance Exchanges Set to Grow Rapidly
HealthLeaders Media April 26, 2017
Employers are likely to adopt private health exchanges in growing numbers, seeking to save money and meet consumer demands. Health plans will have to invest in IT and re-orient their sales efforts to the individual.
The government health insurance changes established under the Patient Protection and Affordable Care Act may be faltering, but private exchanges will grow significantly in the next few years, driven in large part by consumer expectations and healthcare reform, according to a recent analysis.
Several factors are positioning health insurance exchanges (HIX) for rapid growth, says Nancy Fabozzi, principal digital health analyst with consulting firm Frost & Sullivan.
“Healthcare reform efforts are continuing to focus on expanding the private insurance market and private insurance coverage,” Fabozzi...