National health insurers seem to be about twice as likely as other types of carriers to move beyond the traditional health insurance market, according to consultants at Boston Consulting Group Inc. (BCG).
The consultants have included data on health payers’ response to the Patient Protection and Affordable Care Act of 2010 (PPACA) in an analysis of how PPACA might change the insurance landscape.
Payers are looking at ways to cut costs, experiment with new provider reimbursement strategies and come up new ways to appeal to consumers, who may end up having much more responsibility for choosing their carriers, the consultants say.
The consultants also looked at how payers are trying to diversify revenue streams.
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“Integrated models,” such as traditional health maintenance organizations, are already designed to fit into the world of PPACA, and they are planning few efforts to diversify, the BCG consultants found.