New Care Models: How Health and Life Insurers Can Rise to the Challenge of Older and Sicker Societies

Conclusions:Insurers need to go beyond simplistic notions of choice and convenience to promote value to consumers, distributors, and providers. Insurers need to become ‘strategic payers’ to ensure favourable supply-side conditions, share risks, and shift towards value-based payments. A cradle-to-grave joint health-life service proposition should be encouraged.Implications:By moving away from being a passive claims processor to become a ‘strategic payer’, insurers can correct the common misalignments found between financial flows and provider incentives. Many of these purchasing approaches reward value over volume by balancing care between costly hospitals and speciality clinics and less costly primary/community-based settings. References:1.Bhattacharya-Craven A, Goodwin N (2021) New Care Models: How Insurers Can Rise to the Challenge of Older and Sicker Societies, The Geneva Association, Switzerland available at: https://www.genevaassociation.org/research-topics/health-and-ageing/new-care-models  Published on 2022-11-04 00:00:00
Source: International Journal of Integrated Care - Category: Nursing Source Type: research