Navigation Links
Lowering Health Insurance Member Disenrollment Can Generate Up To $100 Million In Incremental Revenue For Health Plans
Date:2/11/2009

New Research Demonstrates That Small Gains in Member Retention Yield Substantial Financial Return

Orlando, FL (Vocus) February 11, 2009 -- Market research conducted on behalf of ConnextionsHealth has demonstrated that health insurance plans can significantly improve revenue generation by establishing initiatives that specifically address member disenrollment. A host of economic factors are currently driving unprecedented membership losses at most health insurance plans.

Results of a proprietary study conducted by a leading management consulting firm show that a "typical" health plan with 50,000 individual plan members and $600 - $650 million in annual revenue can generate approximately $100 million in incremental revenue, as a result of lowering disenrollment rates. These results were achieved by lowering their disenrollment rate of existing members by only 5%, and of new members by only 10% over a two-year period.

In the research study, health plans that achieved those levels of improvement in their disenrollment rates all applied differentiated member retention initiatives with similar characteristics, including:

  • analysis of issues that arise during different stages of a member's tenure,
  • tailored response to specific member segments, by geography, product, age, etc.,
  • identification of issues likely to generate a disenrollment event,
  • incorporation of individual member preferences, with respect to method, frequency and choice, and
  • ongoing collection of key member data as the foundation of pro-active and re-active tactics designed to address disenrollment.

Details on this new research, as well as other valuable market insight on the subject of member retention will be presented at the World Congr
'/>"/>
Source: PRWeb
Copyright©2009 Vocus, Inc.
All rights reserved  

Page: 1 2 3

Related medicine news :

1. Stanford study highlights cost-effective method of lowering heart disease risks
2. Lowering Blood Protein Wont Help Kidney Patients
3. Abbotts Investigational SIMCOR(R) Offers Comparable LDL Lowering to Simvastatin and Significantly Raises HDL and Lowers Triglycerides in Phase III Study
4. Cholesterol-lowering drug linked to sleep disruptions
5. Many Patients Stop Taking Cholesterol-Lowering Drugs
6. Amount of Exercise Key to Lowering Kids Blood Pressure
7. New Type of Cholesterol-Lowering Drug Shows Promise
8. Lowering Co-Pays on Some Drugs Help Fight Chronic Diseases
9. Cholesterol-Lowering Drugs May Ease Irregular Heartbeat
10. Cholesterol-Lowering Statins Tied to Tendon Woes
11. Study shows cholesterol-lowering power of dietitian visits
Post Your Comments:
*Name:
*Comment:
*Email:
Related Image:
Lowering Health Insurance Member Disenrollment Can Generate Up To $100 Million In Incremental Revenue For Health Plans
(Date:11/28/2014)... Florida (PRWEB) November 28, 2014 On ... Turbana and Sendik’s will present Feeding America Eastern Wisconsin ... Sendik’s Food Market to donate a portion of proceeds ... in Sendik’s promotion, “7 Days, 7 Ways to Save” ... fall, Fyffes pineapples were two for $4 and Turbana ...
(Date:11/28/2014)... Miami's Plastic Surgery of the Face recently introduced ... Jeffrey Epstein is excited to offer patients the ... the site is uniquely designed for easing viewing on ... of all prospective rhinoplasty patients research upcoming procedures online. ... with smartphones, tablets, and laptops, as well as the ...
(Date:11/28/2014)... Colorado (PRWEB) November 28, 2014 Written and ... , Brook Forest Voices releases the “The Happiest Man ... , a compelling account of how and why Project C.U.R.E. ... Idaho by his mother Josie and the Reverend Richard W. ... by the age of 30, but realized that he wasn’t ...
(Date:11/28/2014)... Not only is the Éminence Organic Skin Care team ... other cancer-causing agents, but they are also proud to ... that help in the fight against breast cancer. This ... record-breaking contribution of $30,000 through participation in the CIBC ... Rose Whip Moisturizer and the company’s corporate donation. , ...
(Date:11/28/2014)... 2014 Mabel’s Labels , the ... and an award-winning company established by four moms, today ... and Tricia Mumby have been honored with a 2014 ... the PROFIT Award for Excellence in Entrepreneurship. , All ... Tricia Mumby) accepted the award on behalf of Mabel’s ...
Breaking Medicine News(10 mins):Health News:Turbana Partners With Sendik's Food Market to Donate $11,500 to Local Hunger-Relief Non-Profit 2Health News:Turbana Partners With Sendik's Food Market to Donate $11,500 to Local Hunger-Relief Non-Profit 3Health News:Top Rhinoplasty Surgeon Launches Innovative Website 2Health News:Thanksgiving Weekend Audiobook Treat! “The Happiest Man In the World: Life Lessons From a Cultural Economist” by Dr. James W. Jackson 2Health News:Éminence Organic Skin Care Donates Record-breaking $30,000 to Breast Cancer Research 2Health News:Éminence Organic Skin Care Donates Record-breaking $30,000 to Breast Cancer Research 3Health News:Mabel's Labels’ Co-Founders Named A Winner In The 2014 RBC Canadian Women Entrepreneur Awards Program; A Second-Time Win For The Brand 2Health News:Mabel's Labels’ Co-Founders Named A Winner In The 2014 RBC Canadian Women Entrepreneur Awards Program; A Second-Time Win For The Brand 3
... Dennis Thompson HealthDay Reporter , FRIDAY, May ... often find themselves struggling to make sense of their ... way to treat the frightening and frustrating neurodevelopmental disorder. ... problems and repetitive behavior patterns. Each child will ...
... a way to combat their delirium, thanks to a $2.4 ... is prevalent in people with dementia," said Ann Kolanowski, Elouise ... our pilot study that many older adults who have dementia ... doesn,t necessarily resolve by the time they are discharged from ...
... widely prevalent in the animal kingdom. The reason we do ... to our body,s defence system, which manages to digest invading ... will only fall ill if he consumes more than 100.000 ... or meat. An international team of researchers, led by Prof. ...
... , FRIDAY, May 27 (HealthDay News) -- Julie Wismann knew her ... epilepsy at age 1 and put on medication, said Wismann, 34, ... her words. "At first we thought it was a speech ... from saying 50 words to no words. She was basically becoming ...
... (HealthDay News) -- Wide differences in care for people who,ve ... in the United States, according to a joint report issued ... "We see disparities in every aspect of stroke care, from ... delayed arrival to the emergency room and increased waiting time," ...
... given to pregnant and breast-feeding rats reduced the rate ... cent, a new study has found. The research, ... Michael,s Hospital, adds to the growing but sometimes contradictory ... can increase or decrease the development or progression of ...
Cached Medicine News:Health News:Complexities of Autism Extend to Its Treatment 2Health News:Complexities of Autism Extend to Its Treatment 3Health News:Intestinal cell defense mechanism against bacteria 2Health News:Living With a Child With Autism 2Health News:Living With a Child With Autism 3Health News:Experts Say Stroke Care Differs for U.S. Minorities 2Health News:Folic acid given to mother rats protects offspring from colon cancer 2
(Date:11/26/2014)... 26, 2014  Genomic Health, Inc. (Nasdaq: GHDX ... Chief Executive Officer and President, will participate in the ... The New York Palace Hotel in New ... am Eastern Time (ET). To access the ... go to the  Investor Relations  section of the company,s ...
(Date:11/26/2014)... 26, 2014  Over 100 million adults suffer from ... this pain daily. Chronic and acute pain dramatically impacts ... born to fulfill the need for non-surgical, interventional solutions ... On October 28th, a new pain management ... Maryland community.  This new facility boasts cutting ...
(Date:11/26/2014)... A hernia is condition in which ... the wall of a weak muscle area. Obesity, poor nutrition, ... of the causes of hernias. There are several types of ... inguinal hernia is when part of the abdominal tissue/organ protrudes ... the area of the umbilicus. A hiatal hernia is when ...
Breaking Medicine Technology:Genomic Health to Present at the 26th Annual Piper Jaffray Healthcare Conference 2Genomic Health to Present at the 26th Annual Piper Jaffray Healthcare Conference 3New Pain Management Center Opens in Cumberland, Md. 2Global Hernia Repair Devices Market Size, Share, Trends and Forecast 2014 to 2018 - Big Market Research 2Global Hernia Repair Devices Market Size, Share, Trends and Forecast 2014 to 2018 - Big Market Research 3Global Hernia Repair Devices Market Size, Share, Trends and Forecast 2014 to 2018 - Big Market Research 4
... Nephroscope, with a stainless steel shaft, combines ... lumbotome, for precise pre-cutting of scar tissue, ... access. The 13.5 Fr. oval working channel ... and lithotripsy probes, and allows a high ...
... first and only Laser Surgical device ... precisely. This innovative combination is used ... A Laser phacoemulsification device utilizes a ... and transmits it directly, and only, ...
... Capture ELISA is for the qualitative presumptive ... antigens (WNRA) in serum as an aid ... Nile virus infection in patients with clinical ... be confirmed by Plaque Reduction Neutralization Test ...
... retrograde to dilate the ... Peel-Away ureteral access conduit ... protective Peel-Away sheath can ... the ureteroscope is later ...
Medicine Products: