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Insurers go global

GeoBlue, a new insurance product made available to companies through a partnership with Highway to Health Worldwide, Inc., will provide global health plans services to BCBSMA members.

Healthcare systems looking to innovate might do well to avoid completely open or closed models, according to research by the Innosight Institute, a not-for-profit think tank.

Consider bundled payment

There's a consensus among commerical plans and federal officials that bundled payments are necessary, and have the potential to be a cost-saving strategy.

While health plans might point to legislation and expansion of public programs as a hindrance, an increase in administrative services only (ASO) arrangements is taking a bite out of the business as well

The advent of ACOs will reshape healthcare delivery, however, the commercial market is positioned to drive the revolution much faster.

Two independent Blues plans have announced a strategic joint investment, expecting to capitalize on future opportunities in Medicaid business.

Globally mobile

In a year of stalled growth for many health insurers, CIGNA has seen its international revenue grow 30%

Another brutal year

With the continuation of double-digit rate increases, employers are running scared of what might happen next.

Reform calls for establishment of the Consumer Operated and Oriented Plan, which permits new nonprofit insurers to offer plans in individual and small group markets

Bonus payments will be based on quality scores - a five-star standard - but now the rules are slightly more relaxed to allow time for phasing in.

Desperate to control healthcare costs, a growing number of employers are adopting high-deductible health plans paired with health savings or health reimbursement accounts.

PPO evolution

Flexibility in response to market pressures has made PPOs the most popular type of managed care organization model.

Circles of influence

Three entities - the Medicare Independent Payment Advisory Board; Center for Medicare and Medicaid Innovation; and Patient Centered Outcomes Research Institute - are examining payment mechanisms, cost containment and quality of care.

The impact and magnitude of expenditures should have made Part D an immediate enforcement priority for the Centers for Medicare and Medicaid Services

New era crimps profits

Industry watchers predict that plan profits will be seriously squeezed by the Patient Protection and Affordable Care Act.

Remaking the market

Health plans have little time to prep their operational strategies for new rules under health reform