Tag:

Disruptive Innovation

Latest Headlines

Latest Headlines

Technology, innovation powers payers' efforts to engage with members

Just as Medicaid has helped expand health coverage and affordability to millions of Americans, private insurers also strive to expand healthcare access through innovation, according to executives who spoke at an event to celebrate Medicaid's 50 th  anniversary.

3 keys to sustaining Medicare for another 50 years

Medicare is celebrating its 50th anniversary this year. Although the federal health program has made strides since its inception, there are also several challenges that lie ahead, former Sen. Tom Daschle wrote in a Health Affairs blog post.

Better engagement means treating members as customers first, patients second

The ongoing shift in the way consumers interact with health insurance companies forces payers to treat them as members first and patients second.

Healthcare innovation won't come to those who wait

Last week, as I listened to the State of the Union address and read story after story about the fallout from King v Burwell, the ups and downs of Medicaid expansion and the fate of the Affordable...

Colorado CO-OP shows how nonprofit insurers are disrupting markets

The consumer operated and oriented plan (CO-OP) in Colorado exemplifies how the nonprofit insurers are disrupting health insurance markets across the country: It enrolled 14,000 members last year, primarily by undercutting the lowest prices for plans sold on the state's health insurance exchange. And the CO-OP has lowered its exchange plan premiums by an average of 10 percent for the second enrollment period that began this week, reported the Denver Post.

Why insurers should approach product development like start-ups

Ever need to catch a cab, but can't find one anywhere? If you need to be at your destination at a certain time, it can be a very frustrating situation. But with the creation of Uber, Lyft and...

How Arches Health Plan drives innovation

In the 21 months since Arches Health Plan--one of the 24 consumer oriented and operated plans (CO-OP)--received funding, the company already has taken steps that could send changes throughout the...

AHIP Institute 2014: 'Unleash the power of consumers'

The health insurance industry must "unleash the power of consumers" to foster a real relationship between consumers and their providers, Mark Ganz, CEO of Cambia Health Solutions, said during the AHIP Institute 2014 opening session today in Seattle.

Disruptive innovation threatens insurance industry

If you haven't heard of the business term "disruptive innovation," I'm sure you at least would recognize examples of the phenomenon that has completely upended many industries. Southwest Airlines