3 LEVERS TO REDUCE OPERATIONAL COSTS IN HEALTH INSURANCE

CEGEDIM | August 25, 2017

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As we progress through the 21st century, health insurers are facing a new set of challenges. And cost optimisation lies right at the heart of them. With the development of chronic diseases, healthcare expenses follow a tremendous inflationist trend. This leads to a deep transformation of the needs in health insurance, with three main levers to improve margins:
- increase premiums, clearly within the constraints imposed by market forces;
- reduce medical expenses through medical value management;
- reduce operational costs through operational excellence.

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Insurance Zone

Insurance Zone Administration Services is a local short-term insurance administrator providing products & services to Brokers nationally. Insurance Zone Actuaries & Consultants is a Liberty Life Franchise operating predominantly in the Life, Wealth & Health markets with a penchant for Employee Benefits for small, medium and large organisations.

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