Tag: Health Insurance Pricing

How Healthi is using predictive analytics to promote preventive healthcare | YourStory

How Healthi is using predictive analytics to promote preventive healthcare | YourStory

The challenges “When we started we thought our biggest challenge would be taking the healthcare report and making sense of it. But what we found was that most partners we worked with had customised systems and no standard mechanisms. So the challenge was how do we talk to multiple players and get the systems to […]

Healthcare spending, price growth slows in 2017 but job growth spikes | Healthcare Finance News

Healthcare spending, price growth slows in 2017 but job growth spikes | Healthcare Finance News

Healthcare spending growth slowed in 2016, and the trend appears to be continuing, according to the August 2017 Altarum Institute Center Health Sector Trend report. According to the report, spending grew by only 4.6 percent in 2016 and estimates based on new data have the downward trend continuing with growth for the first half of […]

‘Government has limited understanding of health providers’ pricing position’ | Business Standard News

‘Government has limited understanding of health providers’ pricing position’ | Business Standard News

“Reducing prices to increase accessibility will not bear fruit till the time real barrier to access such as infrastructure and manpower constraints are not addressed,” said Varun Khanna, co-chair of the business chamber’s Health Services Committee. Panellists at the session titled “New wave of transparency pricing in health care” said that adopting strategies to provide […]

Few hospitals are meeting changing consumer expectations | HealthCareBusiness

Few hospitals are meeting changing consumer expectations | HealthCareBusiness

Other key findings include: Only 15 percent of organizations are aggressively moving to improve patient access with both diverse sites of care and digital connectivity. Nearly three-fourths of organizations rate poorly relative to their efforts to use consumer insights for decision making. Less than 10 percent of organizations are pursuing pricing strategies and price transparency […]

A strange hybrid | The Indian Express

A strange hybrid | The Indian Express

The challenge in the Niti Aayog hybrid model is its implementation. How do public and private managements coexist in the same physical space? A hospital is a living institution that cannot be dismembered. Salary streams, motivation levels, working methods, prescription practices, monitoring and accountability systems, work expectations, all vary. Everyday, there are instances of patients […]

Is Your Health System Prepared for Consumerism? | Healthcare Informatics

Is Your Health System Prepared for Consumerism? | Healthcare Informatics

A Kaufman Hall report on the state of consumerism in healthcare, which was based on an online survey of more than 100 hospital and health system executives, found that 70 percent of leaders said consumer-related insights is an above-average priority, but less than one-quarter said they have advanced capabilities in place, referring to the capabil­ity […]

Insurance industry ‘struggling to be more agile:’ analytics summit speaker | Canadian Underwriter

Insurance industry ‘struggling to be more agile:’ analytics summit speaker | Canadian Underwriter

The third panelist, Travelers Canada chief actuary Erika Schurr, suggested regulation sometimes gets in the way of being more customer-centric. “Sometimes we want to do something what’s best for a customer and the regulator stops,” said Schurr. “Think of something like price optimization. You don’t like your increase to your Rogers bill? You can call […]

‘Single-Payer’ Healthcare Isn’t Necessary — But Single Pricing Is | Forbes

‘Single-Payer’ Healthcare Isn’t Necessary — But Single Pricing Is | Forbes

Once again, our healthcare reform is mired in muck. That means we’re also knee-deep and grinding away at our circular healthcare debate, but it’s really a big distraction because it’s the wrong debate. We keep debating the math of coverage and cost as if they’re independent of system design–and they aren’t. As Senate Majority Leader Mitch McConnell […]

Soon, you will be able to try out a health insurance policy on a trial basis | Moneycontrol.com

Soon, you will be able to try out a health insurance policy on a trial basis | Moneycontrol.com

Your insurance company may soon offer a product on trial to see if it works in the market. With the insurance regulator allowing general insurers and health insurers to bring out pilot products, companies are readying products for a soft launch. In July 2016, Insurance Regulatory and Development Authority of India (IRDAI) notified a set […]

Insurers must be forced to justify huge annual increases | Daily Mail Online

Insurers must be forced to justify huge annual increases | Daily Mail Online

Pensioners are the worst-hit because they are less likely to look for deals online. The calls for insurers to be forced to justify to customers why they have hiked their premium come after a Money Mail investigation found long-standing customers are being over-charged by up to £1,000, while insurers offer new customers loss-making introductory deals. […]