From Health Plan Week - Globetrotting Americans may be falling through the cracks of the Affordable Care Act, says GeoBlue, which on Sept. 30 hit the market with its new Xplorer Select plan that allows U.S. expatriates and mobile world travelers living stateside in stretches to buy coverage that fulfills the ACA’s individual mandate requirements. This new product is an example of how health plans are seeking fatter margin businesses by serving Americans living overseas or traveling abroad frequently. They are achieving this by selling directly to consumers and large groups, by seeking partnerships for entry into international markets with domestic operators, or by outright… Read more
From The AIS Report on Blue Cross and Blue Shield Plans - In terms of market share, Blue Cross and Blue Shield plans owned public insurance exchanges this year. But when the next open-enrollment period kicks off on Nov. 15, they will face a wave of new competitors ranging from small Consumer Operated and Oriented Plans (CO-OPs) expanding into new markets, to national health plan operators that largely sat on the sidelines last year. And incumbent carriers that priced products conservatively last… Read more
From Health Plan Week - Last time out was a disaster. This time will be different. That is the hope of health insurers as they prepare to implement strategies for the second public exchange open-enrollment period beginning on Nov. 15 and running to Feb. 15, 2015. What health plans and strategists expect this time around is a more nuanced, knowledgeable approach to how things work, from how plans are priced and marketed to consumers to… Read more
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