In the face of demand for lower costs, private health insurance is increasingly becoming a commoditized business.  Payers understand that they are vulnerable to market changes, but they aren’t sure how to prepare for what comes next.

In FierceHealthPayer’s Industry Voices, Dr. Rita Numerof provides actionable strategies for payers in implementing business model change.

Building a bridge to a new model means having a vision of a different future and systematically working toward it–often starting small and building outward from success. It also means clearly defining how to handle exceptions and doing “work arounds” to prove out concepts before any system redesign.

Read the full article at FierceHealthPayer.

Read More