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Managed Healthcare Market Report Breaking News
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CDHP CLAIMS COSTS TO RISE 10.5%, AON SAYS (August 15, 2008)
Claims costs for consumer-directed health plans are expected to rise about 10.5% over the next 12 months, virtually identical to an overall increase in healthcare costs of 10.6%, according to an Aon Corp. (Chicago) survey of more than 70 leading health plans representing 100 million lives.
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eHEALTH REPORTS 18% GAINS IN INDIVIDUAL APPLICATIONS (August 15, 2008)
eHealth Inc. (Mountain View, CA) reported an 18% increase in the number of individual and family health insurance applications submitted through the company’s web site in the second quarter of 2008. eHealth received 103,800 applications, compared to 88,300 a year earlier.
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GROWTH IN CDHPs TO SLOW, STUDY SAYS (August 6, 2008)
Growth in consumer-directed healthcare will likely slow in 2009 and beyond, according to the newly released report, The Consumer-Driven Healthcare Revolution: Myth or Reality.
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VITALITY HAS 35,000+ HRA, HSA LIVES (August 6, 2008)
Vitality Group (Chicago), formerly Destiny Health, has 35,000 to 40,000 HRA and HSA lives, according to Stuart Slutzky, chief marketing officer.
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OPTUM FINANCIAL HAS $615 MM IN ASSETS (July 25, 2008)
Optum Financial Services, a division of UnitedHealth Group (Minnetonka, MN), reported that as of June 30, it had total HSA deposits of about $615 million, up 50% from a year earlier.
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HDHP MEMBERS MORE ENGAGED, HSA BANK SAYS (July 18, 2008)
A survey by Webster’s HSA Bank (Waterbury, CT) indicates that high deductible health plan members “are more likely to be engaged consumers who ask about costs prior to making an appointment, seek information about generic prescription alternatives and select lower cost treatment alternatives.”
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HSA PLAN MEMBERS CAN USE FREE ON-SITE CLINICS (July 18, 2008)
Members of HSA-compatible high-deductible health plans can utilize free on-site clinics offered by their employer “if the clinic does not provide significant benefits in the nature of medical care,” according to guidance from the IRS.
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CDHP TOOLS KEY TO RETAINING ACCOUNTS, PWC SAYS (June 30, 2008)
A study from consulting firm Price WaterhouseCoopers (New York) said the effectiveness of consumer-driven tools and wellness programs is closely linked to the ability of health plans to attract and retain large group corporate accounts.
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HCSC, HSA BANK OFFER INTEGRATED MEMBER SUPPORT (June 30, 2008)
Health Care Service Corp. (Chicago) will offer its high-deductible health plan members who choose HSA Banks as trustee a single website to view health plan claims and HSA transactions and a single point of contact for member support.
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