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August 28, 2015

Today's Featured Story

On Exchanges, Millennials Are Most Willing to Trade Access for Price
Reprinted from Inside Health Insurance Exchanges

While health insurers have been criticized for their use of narrow provider networks, the strategy is popular with people who buy coverage through public insurance exchanges, particularly younger participants, according to the results of a survey published Aug. 3 by the Deloitte Center for Health Solutions.... Read Full Story

 

Quote of the Day

“I would say that both Aetna and Anthem have been very disciplined in not wasting money in non-core assets. In fact, Joe Swedish, when he took over the CEO position at Anthem, spent a lot of time divesting non-core assets. I would really doubt that he’s going to go invest a lot of time and money in things other than core health plan operations [such as launching its own PBM].”

— Dan Mendelson, CEO of Avalere Health LLC, told AIS’s Health Plan Week.

From HEALTH PLAN WEEK

 

Today's Datapoint

$140 million ... is what Maryland-based Inovalon, which provides data analytics and intervention platforms, is expected to pay to acquire the Washington, D.C.-based health consulting firm Avalere Health LLC, which would continue to operate as a subsidiary of Inovalon.

Click here to read the INSIDE HEALTH INSURANCE EXCHANGES E-ALERT in which this datapoint appeared. (Free for HEX subscribers; $17 for non-subscribers).

 

Today from Washington

People on the Move

Achaogen, Inc. named Blake Wise chief operating officer. Wise previously was vice president for Genentech’s Cross BioOncology....ClearDATA appointed Steve Crusenberry senior vice president of products. He most recently was senior vice president of products and engineering at Rackspace....Mike McDowell joined Bond Brand Loyalty as vice president of North American business. He previously was senior director of North American field marketing for BlackBerry....The Employee Benefit Research Institute appointed Harry Conaway CEO. He most recently was senior partner at Mercer LLC.

 

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