Array Health to Offer Private Health Insurance Exchange Solution Through AHIP Connect Program
Seattle, Wash. (PRWEB) April 10, 2014 -- Array Health, a provider of private insurance exchange technology, today announced its approval to participate in the AHIP Connect program.
AHIP Connect is an industry solution provider sourcing and independent evaluation program that helps AHIP’s health plan members choose companies to implement operational business solutions that reduce costs; increase efficiency, safety, and quality; and enhance the consumer experience.
As an AHIP Connect approved solutions provider, Array Health seeks to engage payers interested in launching branded private exchange solutions. Health plans can leverage the Array Spectrum™ private health insurance exchange platform to support end-to-end consumer engagement for marketing, selling, enrolling, managing, renewing and administering health and ancillary benefits for their large and small group, individual and retirement business segments.
Array Health delivers a world-class experience for consumers shopping for and enrolling in benefit programs. As employer and consumer needs continue to change, Array Health’s technology is designed to simplify and humanize the process of buying benefits. The Array SmartFit™ technology takes the consumer’s responses to simple behavioral statements indicating their preferences around financial risk, desired access to providers, prescription needs and more; it then uses proprietary algorithms to suggest plans that best map to each individual’s values based on the responses provided. In addition to simplifying the decision-making process, health plan details are presented in natural language, not insurance terms, further facilitating the shopping experience.
“Private health insurance exchanges represent a substantial opportunity in the new marketplace,” said Jonathan Rickert, CEO of Array Health. “As health plans are learning how to sell to consumers in this retail-focused world, our participation in AHIP Connect can help payers build and offer a superior and differentiated shopping and enrollment experience to attract new business and enhance existing relationships.”
“The market for health insurance continues to diversify, and payers are developing promising new products to reduce costs and improve outcomes,” said Charles Stellar, Executive Vice President of Professional Services at AHIP. “We look forward to exposing our health plan members to Array Health’s team of technology, retail and insurance industry experts as they consider new exchange options.”
About America’s Health Insurance Plans
America's Health Insurance Plans (AHIP) is the national trade association representing the health insurance industry. AHIP's members provide health and supplemental benefits to more than 200 million Americans through employer-sponsored coverage, the individual insurance market, and public programs such as Medicare and Medicaid. AHIP advocates for public policies that expand access to affordable health care coverage to all Americans through a competitive marketplace that fosters choice, quality and innovation.
About Array Health
Array Health is a leading provider of private insurance exchange technology. Its cloud-based software platform enables health plans of any size to power their own branded online exchanges—a strategic channel that helps them compete and thrive in the post health-reform world. With its state-of-the-art member marketplace and support for defined contributions, insurers win and retain business by giving employers a way to control costs and members a better way to buy benefits. Array Health is a privately held company based in Seattle. To learn more, visit http://www.arrayhealth.com.
Kara Lundberg, Raffetto Herman Strategic Communications, http://arrayhealth.com/, +1 (206) 264-1703, [email protected]
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