Are you looking for the most effective ways to control costs and yet still offer products and services which meet your customer’s needs? Freed Associates remains focused on helping you drive sustainable growth, create operational efficiencies, and create value for your employer groups and members. Our team of health plan experts can help support you to:
Looking for the most effective strategy to expand your membership? Are you struggling with attracting and retaining an ever growing, engaged and more diverse membership base? For health plans to be successful and grow their bottom lines they must scale by leveraging consumer insights, develop new business models, and optimize their sales, marketing, and product processes.
- Enter Public and Private Exchanges – Develop a strategy and plan to maximize value from exchange markets while minimizing financial risk
- Compete in New Markets – Evaluate opportunities for market expansion that provide the greatest value to you
- Diversify Customer Base – Ensure your member portfolio is appropriately diversified in order to ensure a healthy flow of revenue
- Consumer Directed Healthcare – Empower your members to take greater ownership in their health
- Create Effective Messaging & Marketing – Ensure your existing and potential members understand the value of your products & services
Do you recognize the importance of innovation, but unsure where to focus in order to net the best result? Do you consider your product offerings new and will they break functional silos and reflect the value of an integrated modeling and pricing? Do they reflect the new world of retail healthcare? It is important to understand the key drivers of cost, quality, and service experience to assist health plans of all sizes to innovate their products and services.
- Benefit Design & Network Design and Adequacy – Create benefits products which meet consumer needs, while ensuring provider networks
- Optimize the Sales Experience – Design an experience which attracts new groups as well as individual members
- Leverage Technology to Support Innovation – Explore and implement cutting-edge technologies to optimize your members’ experience
- Provider and Payer Collaboration – Build & strengthen relationships with provider organizations to reduce cost and increase care quality
To learn more about our Membership Growth and Product Design service line, please contact us.