Next Generation Retail Technology Designed to help Health Plans Differentiate their Private Exchange Marketplaces

SEATTLE – October 22, 2013 – Array Health, a leading provider of private health insurance exchange technology, today announced the next generation of its Array Spectrum™ Member Marketplace, the consumer-facing module of its private exchange solution.

Array Health claims that exchanges built with this next generation retail technology will help health plans differentiate their privately branded online marketplaces from less consumer-friendly offerings and ultimately help them attract and retain more customers. Continue reading

Most Health Insurers will Pursue Multi-Channel Strategy with Private Exchanges Within the Next Six Months: Survey

A post over on the Acclaris Blog this morning breaks down the results of a survey conducted late this summer by Array Health to find out what health industry leaders are predicting to be the future for private exchanges and defined contribution health plans.

The survey reports that almost 80% of respondents believe that within the next six months health insurers will participate in private exchanges and 70% believe that insurers will participate in both private and public exchange models.

See more at Acclaris.com/blog.

 

Are Private Exchanges Good or Bad for Health Insurer Profits?

An article that appeared in today’s AISHealth is saying that health insurers could see their profit margins more than double if their large employer clients transition from a self-insured model to full risk via private insurance exchanges.

The article, which was reprinted from INSIDE HEALTH INSURANCE EXCHANGES, says that the Sept. 17, announcement that Walgreen Co. would move its 160,000 self-insured employees to Aon Hewitt’s multicarrier insurance exchange has gotten the buzz started. Continue reading

Detroit may Pay Retirees to Buy Coverage through Exchanges

Detroit’s emergency manager is considering replacing health insurance for retirees under 65 with a $125 stipend to buy coverage from exchanges set up under Obamacare.

The city has about 20,000 retirees, with half under 65.

See the full story at BenefitsPro.com