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PUBLISHER: IDC | PRODUCT CODE: 1684169

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PUBLISHER: IDC | PRODUCT CODE: 1684169

Combine Growth and Cost Takeout Strategies to Reinvent the Payer Commercial/Employer Market

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PAGES: 7 Pages
DELIVERY TIME: 1-2 business days
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The IDC Perspective discusses the commercial market bringing payers conflicting priorities. Providing employer groups with the custom plans they demand while efficiently managing that data throughout their many siloed operational systems proves challenging for payers."Using a 'cost takeout' methodology instead of simple 'cost reduction' in the commercial market allows payers to solve this evolving space holistically. Using AI, outsourcing, network definition, and product mix surgically allows comprehensive re-engineering in an area that has traditionally had problems scaling up," says Jeff Rivkin, research director, Health Insights, IDC.

Product Code: US53231225

Executive Snapshot

Situation Overview

  • How Is Cost Takeout Different from Cost Reduction?
  • Why Has a Commercial Group Strategy Been Elusive for Most Payers?
  • Where Have Payers Seen Success in Managing Commercial Group Business on a Scale?
  • What's Wrong with the Status Quo?
  • What Challenges Do Commercial Payers Face?
    • Speed and Quality
  • What Are the Operational Roadblocks to Change?

Advice for the Technology Buyer

  • Actions to Take for Growth
  • Actions to Take for Cost Takeout

Learn More

  • Related Research
  • Synopsis
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