Business Intelligence Software Gives Insurance Companies Visibility Into the Phoenix, AZ Market

Business intelligence software for insurance companies quickly gathers enormous amounts of plan data.  The data can be quickly turned into information that could be useful to the following internal groups: procurement, sales, intelligence teams, and executives.

The following rate change chart displays the overall health insurance rate changes for a 42 year old male in 85008 - Phoenix, AZ over the course of 2011. The chart was produced quickly and easily from software for insurance companies. 

Arizona had quite a mixed year.  Aetna, Cigna, IHC Group, and  United all underwent rate decreases of the course of the year.  Meanwhile, Assurant, Blue Cross Blue Shield, Celtic, Health Net, and Humana One all raised rates.  Assurant underwent the most drastic changes, raising rates by 35% during 2011.

Any number of conclusions can be drawn from this data.  This particular view shows the rate of change of what was offered to individual applicants over the course of 2011.  Business intelligence software for health insurance companies provides the facts that allow for the competitive insights that can be applied to marketing, sales, and executive management decisions.