Companies are starting to announce more alliances and ventures based on the premise that the Patient Protection and Affordable Care Act of 2010 (PPACA) will be making big changes in the U.S. health insurance market.
Many companies have been talking about "private heath insurance exchange" programs -- efforts to capitalize on the attention given to the new PPACA Web-based health insurance supermarkets by offering employers commercial systems that can give workers access to a menu of coverage options.
PPACA drafters included the CO-OP program in the law to encourage people to set up nonprofit, member-owned health insurers. Some skeptics have questioned whether would-be CO-OP organizers will be able to get the plans to market by Oct. 1, when the PPACA exchanges are supposed to open, and Congress recently eliminated new CO-OP startup funding for organizers that have not yet received CO-OP startup funding commitments from the U.S. Department of Health and Human Services.
SeeChange is a benefit plan administrator that has been emphasizing the use of "value-based" plan designs -- benefit plan designs that try to encourage enrollees to spend freely on important, health-improving, money-saving care and avoid unnecessary and unnecessarily expensive care.