Healthcare transition managers make market exits easier for insurers.
Insurers have been struggling to meet and maintain their profit margins on the health insurance business they underwrite. As a result, many have exited or are contemplating exiting from the health insurance market. At the same time, managed care organizations are seeking ways to augment their enrollment base and satisfy investor expectations. Insurers that wish to transfer their health insurance business to other carriers and managed care organizations that are interested in accepting this business have turned to a new type of healthcare financing company--the healthcare transition manager--to facilitate the transaction. Part broker, part matchmaker, and part administrative coordinator, these companies make it possible for commercial insurers to exit the health insurance market without undue hardship to enrollees or the managed care plans that assume risk for their care.
Resnick
L R
LR
Radix Health Connection, LLC, Chicago, Illinois, USA.
D003253:Consultants; D003284:Contract Services; D005375:Financial Audit; D005376:Financial Management / Q000379:methods*; D019981:Health Care Sector / Q000458:organization & administration* / Q000639:trends; D007343:Insurance Carriers / Q000191:economics*; D007348:Insurance, Health / Q000191:economics*; D008329:Managed Care Programs / Q000191:economics / Q000706:statistics & numerical data*; D018570:Risk Assessment; D014481:United States