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Health Insurers' Dilemma To Support Their Consumer-Directed Health Plans

Armen Hareyan's picture

In the consumer-directed health plan market that has emerged during the past several years, there has been a general focus by health insurers to be the first to offer a CDHP product to the market.

Frost & Sullivan announces its 2007 Quarterly Analyst Briefing presentation on the Healthcare IT/ Life Sciences market to be held on Thursday, July 26, 2007 at 12:00 p.m. CT / 1:00 p.m. ET.

This was quickly followed by health insurers trying to distinguish their CDHP product offerings and entice enrollment by offering an attractive array of potential CDHP benefit designs. As a result, most health insurers' efforts to support the administration of their CDHP products are reactive. Health insurers now face an important decision to either continue to internally upgrade their core systems or purchase one of the 'second-generation' products that vendors are offering.

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Highlights of this briefing include an analysis of trends and an overview of the different commercial solutions that vendors are making available to health insurers to support their CDHP products.

This briefing will benefit healthcare information technology firms,health insurance companies, financial institutions, benefit designconsultants and employers by discussing emerging trends and drivers. Additionally, an overview of commercially-available IT solutions that help health insurers to administer and support their consumer-directed health plan products will be discussed.

"Now that a majority of health insurers have an array of CDHP products available, they will need to make some important decisions on how they will support and administer them," notes Frost & Sullivan Senior Research Analyst Matthew Guldin "If CDHP products are to gain a larger share of the commercial insurance market, health insurers must have the capacity to ensure that brokers, employers and customers are satisfied."

Those interested in participating in the interactive briefing should send an e-mail to Jamie Riemer, Corporate Communications, at [email protected] with the following information: your full name,company name, title, telephone number, e-mail address, city, state and country. She will send the registration details via e-mail upon receipt of the above information.