Healthcare DIVE August 8, 2018
Dive Brief:
Small and medium business (SMB) payers make up a combined 83% of health plans, but they are often overlooked, according to a new Edifecs white paper on the topic.
SMB plans showed little overall growth over the past five years, as the total number inched up from 402 to 409, but membership declined by 100,000 people. The SMB market has experienced “significant churn” with turnover in the market from mergers, acquisitions and closures, according to the paper.
One trend in the SMB market is a move toward provider-sponsored health plans, which have increased by 13% since 2013. The move to provider-led or provider-owned plans comes as the industry creates more value-based...
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