Bloom Health is giving insurance agents and brokers in Minnesota full access to its private health exchange platform, in yet another sign that such exchanges are increasingly being used employers and will further alter the world of health insurance. Private health exchanges are expected to spike dramatically in the coming years, particularly as employers look […]
Array Health, a Seattle-based provider of technology for private health insurance exchanges, recently raised $9 million, according to a filing with the SEC. The company, led by CEO Jonathan Rickert, uses a cloud-based platform that lets health plans develop their own private online exchange, while also providing employers a means to control costs on benefits and […]
A specialty drug is a class of prescription medications used to treat complex, chronic or rare medical conditions. Although this classification was originally intended to define the treatment of rare, also termed “orphan” diseases, affecting fewer than 200,000 people in the US, more recently, specialty drugs have emerged as the cornerstone of treatment for chronic and complex diseases such as cancer, autoimmune conditions, diabetes, hepatitis C, and HIV/AIDS.
While considerable attention has been heaped on the public health insurance exchanges over the year, private health insurance exchanges “are experiencing hyper-growth” and enrollment could exceed that of public exchanges by 2017, “if not sooner,” according to Accenture. In a recent report, Accenture said employers, consumers and carriers alike are expressing enthusiasm for private exchanges, […]