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The onset of private health insurance exchanges (HIXs) is going to put more power in the hands of the consumer.
Accenture’s research driven point-of-views not only dive into this transformational change but also offer insights into the shifting landscape. This four-part video series features the perspective of Accenture health leader, Richard Birhanzel, on:
What factors can contribute to success in the private HIX space
How vendors can tap into what people want, in order to achieve and maintain loyal consumers
What the coming changes mean to consumers
Growing Pains for Private Health Insurance ExchangesPrivate health insurance exchanges are experiencing hypergrowth. There is enthusiasm and adoption among employers, consumers and carriers alike. Accenture predicts that private health insurance exchange participation will approach public exchange enrollments by 2017—if not sooner, as enrollment figures indicate an earlier-than-expected growth spurt. Accenture estimates there were more than 3 million individuals that enrolled in private exchanges during the 2014 benefit year.
The Employee Benefits Tradeoff—VideoIn this short video, discover insights into consumer decision making on private health insurance exchanges and the promising growth opportunity consumer behavior offers for ancillary benefits.
With the Rise of Private Health Insurance Exchanges, Providers Must Rethink Business ModelsPrivate health insurance exchanges will accelerate the amount of reimbursement that hospitals and doctors need to collect directly from patients, according to Accenture analysis. We expect that these exchanges will cause out-of-pocket collections from patients with employer-sponsored plans to increase by 7 percent—or an additional $3.7 billion—by 2018.
Many Employees Will Choose Lower Benefit Levels on Private Health Insurance ExchangesPrivate health insurance exchanges (HIXs) are radically changing the health insurance landscape. Accenture research indicates more than 1 in 4 employees likely to select a lower priced health insurance plan on a private HIX.
Are You Ready? Private Health Insurance Exchanges Are LoomingPrivate health insurance exchanges (HIXs) have been incubating for several years, but the accelerated development of exchange products and technologies has employers increasingly reevaluating traditional employee benefits.
Private Health Insurance Exchanges: Are You Ready?—VideoA look into the approaching growth of private health insurance exchanges, and the impact this new model will have on the industry.
Private Health Insurance Exchange Survival GuideRead about how surviving—and ultimately succeeding—in the private health insurance exchange market requires a laser focus on individual needs.
What Does Success Look Like—VideoRichard Birhanzel talks about getting it “right” in the private health insurance exchange market.
Implications for Benefits Consultants and Health Plans—VideoAs large employers look across the landscape of changes that are coming with health reform, they are thinking about which direction to go. Watch this short video about what is influencing their decisions.
Implications for Consumers—VideoConsumers are likely to ask how private health insurance exchanges affect them personally. Watch this video to hear consumers’ top three priorities, and how to anticipate their needs.
August 22, 2013
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