Although Smaller Than Other National Carriers, Offering Competitive Products Could Result in Significant Enrollment Gains for Health Net in California
National MCO Analyzer: Health Net Now Available from HealthLeaders-InterStudy
NASHVILLE, Tenn., Sept. 22 /PRNewswire/ -- HealthLeaders-InterStudy, a leading provider of managed care market intelligence, reports that despite Health Net's small size compared to national carriers, its ability to offer narrow-network products (access to groups of physicians and hospitals at a lower cost) to small and medium-group markets will be key to growth in California, where it is currently the fifth-largest insurer.
According to the National MCO Analyzer: Health Net, driving volume to a smaller number of providers in exchange for lower costs will be important as employers try to maintain health benefits. In addition, a recent contract with the California Prison Healthcare Receivership Corp., which oversees the state's 33 prison facilities, is a step forward in building Health Net's HMO approach.
"We expect to see Health Net add small and medium-group members for the first time in two years. Health Net's ability to offer members networks of physicians and hospitals at a lower cost are proving popular with small groups," says Jane DuBose, analyst with HealthLeaders-InterStudy. "In addition, as the state's largest Medicaid HMO, Health Net could see significant enrollment gains if the state begins to aggressively expand its managed Medicaid. Separately, the contract with the California Prison Healthcare Receivership Corp. was a huge step in that direction."
About National MCO Analyzer
National MCO Analyzer is the account manager's tool for in-depth analysis of national MCO corporate strategies, opportunities and challenges. Profiling the country's largest managed care organizations, each report includes:
- Market analysis from HealthLeaders-InterStudy's managed care market experts, along with an overview of opportunities and challenges for a plan in the year ahead.
- Competitive analysis outlining a managed care organization's strengths, challenges and opportunities.
- Plan dashboard providing national-level enrollment mix and trends.
About HealthLeaders-InterStudy
HealthLeaders-InterStudy, a Decision Resources, Inc. company, is the authoritative source for managed care data, analysis and news. For more information, please visit www.HL-ISY.com.
About Decision Resources, Inc.
Decision Resources, Inc. is a cohesive portfolio of companies that offers best-in-class, high-value information and insights on important sectors of the healthcare industry. Clients rely on this analysis and data to make informed decisions. Please visit Decision Resources, Inc. at www.DecisionResourcesInc.com.
All company, brand or product names contained in this document may be trademarks or registered trademarks of their respective holders.
For more information, contact: |
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Erin O'Leary |
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HealthLeaders-InterStudy |
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781-993-2641 |
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Elizabeth Marshall |
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Decision Resources, Inc. |
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781-993-2563 |
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SOURCE HealthLeaders-InterStudy
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