Health insurers can progress – and gain incremental value – along a logical path to eliminate manual, paper-based processes, modernize enrollment and prepare for full e-commerce. As we
Source: Centers for Medicare & Medicaid Services, National Health Expenditure Projections 2013-2023 By 2018, industry data suggests that the individual health insurance market segment will grow quickly to
The Private Exchange Evaluation Collaborative (PEEC), an initiative launched by four leading nonprofit business coalitions, recently developed and released a survey for employers, with the goal of helping them understand
In a recent article for The Washington Post, reporter Jason Milliman asks: “Can technology pick the perfect health plan for you?” At Array Health, we believe the answer is a
I participated in the first annual Private Health Insurance Exchange Congress organized by Global Media Dynamics in Las Vegas this past week. In attendance were executives from health plans, employers,
With over three million people currently enrolled through a private health insurance exchange and 40 million predicted to enroll by 2018, anticipated broad-scale adoption of private exchanges (both single and multi-insurer) is of great interest. We decided that now — halfway through 2014 — is an ideal time to connect with health insurance leaders to get their perspective on this rapidly changing marketplace.
With the cost of healthcare claims continuing to rise, there is increasing interest in private exchanges, according to a recent survey conducted by Wells Fargo Insurance, a national insurance brokerage firm and part of Wells Fargo & Co. The survey of more than 70 insurance companies nationwide showed that rising healthcare premium costs are forcing employers to find new ways to control costs while maintaining and improving the health risk of their employees.
“Easy.” We often hear from our customers that MyBenefits – a private health insurance exchange software platform built by Array Health – is “easy to navigate” and “easy to use.” From a client services standpoint, this is music to our ears. Health insurance is complicated. We want our customers to feel confident throughout their shopping experience on MyBenefits and we want them to feel comfortable returning to the site at any time to access their insurance information.
Here at Array we’ve been powering private exchanges since 2006 and have seen firsthand how this strategic channel can give consumers more choice, help employers control costs and drive incremental business for our insurer clients.