Washington, DC (PRWEB) October 15, 2013
When Walgreen Co. recently announced it would move its 160,000 self-insured employees to Aon Hewitt’s multicarrier insurance exchange, industry insiders viewed the move as a potential tipping point in the way employee benefits are delivered. Equities analysts have been buzzing about the financial upside such a trend could have on health plan operators, with an estimated 15 million participants entering private exchanges in the coming decade. But private exchanges also could drive increased price competition among carriers, which would take a bite out of profits. Atlantic Information Services, Inc.’s (AIS) Oct. 31 webinar,“Private Exchanges and the Return to Full-Risk: Migration From ASO Means Big Profits, New Perils for Health Plans,” will discuss the pros and cons for health plans shifting from administrative services only (ASO) to full-risk coverage via private exchanges.
Three industry experts — Edward Kaplan, leader of The Segal Company’s National Health Practice, Howard Lapsley, partner in Oliver Wyman’s Health and Life Sciences Practice, and Michael Thompson, a principal at PricewaterhouseCoopers — will examine:
- How profitable private exchanges are likely to be for carriers and the key risks they could face.
- Why some self-insured employers will switch to a fully insured private exchange model and others won’t.
- Why private exchanges will make provider networks more important than ever for health plans.
- How private exchanges could impact broker commissions.
- How Aon Hewitt’s episodic risk adjustment mechanism can eliminate adverse selection risk for carriers.
- Why multi-line carriers should be nervous about a level playing field for ancillary products.
- What pharmacy carve-outs might mean for PBMs and carriers.
- How private exchange models differ among groups such as Aon Hewitt, Mercer, Buck and Towers Watson.
Visit http://aishealth.com/marketplace/c3r45_103113 for more details and registration information.
Atlantic Information Services, Inc. (AIS) is a publishing and information company that has been serving the health care industry for more than 25 years. It develops highly targeted news, data and strategic information for managers in hospitals, health plans, medical group practices, pharmaceutical companies and other health care organizations. AIS products include print and electronic newsletters, websites, looseleafs, books, strategic reports, databases, webinars and conferences. Learn more at http://AISHealth.com.