Gotadimple
Thinks s/he gets paid by the post
- Joined
- Feb 17, 2007
- Messages
- 2,627
If this initiative takes itself down to the level of practice management - both in hospitals and physicians' offices, then that is a game-changer. There are already other technology companies who are attempting to link claim info to health info to a specific employee/member for a 'seamless' experience. Marketing talk.
This initiative is nothing more than looking for ways to reduce the employer's cost of coverage for the employees of these companies.
These employers are large enough that today they negotiate the rates and sometimes the coverage language on the employee healthcare benefit. This can also include reporting the health outcomes back to the employers (if the insurance company will do it, I know one that refused knowing they would not win the contract for benefits).
So, the market reaction? Just traders taking advantage of news.
This initiative is nothing more than looking for ways to reduce the employer's cost of coverage for the employees of these companies.
These employers are large enough that today they negotiate the rates and sometimes the coverage language on the employee healthcare benefit. This can also include reporting the health outcomes back to the employers (if the insurance company will do it, I know one that refused knowing they would not win the contract for benefits).
So, the market reaction? Just traders taking advantage of news.