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How Health Plan Benefits Relate To Rate Changes

Posted on Thu, Aug 25, 2011 @ 05:11 PM

A rate change typically kicks off an analysis with a goal of identifying the factors that contributed to the change. Benefits analysis is part of that effort.

Competitive Intelligence Tip: Analyzing Competitive Rate Changes

Rate changes are a key indicator of the need to pay attention to a shift in competitive positioning.

A rate change typically kicks off an analysis with a goal of identifying the factors that contributed to the change. Benefits analysis is part of that effort.

A number of plan modifications can shift rates. Here are a few:

  • Deductible adjustments.
  • Changes in any tier of prescription coverage.
  • Changes in maternity benefits.

You need the detailed benefits of a plan along with the rate to understand if the plan definition is a key factor driving any rate change.

Learn More About Plan Pricing & Benefits Competitive Intelligence. Visit us at the AHIP Fall Conference in Chicago.

Or just reply to this email to contact Oxlo to discuss competitive plan pricing and benefits information.

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Tags: Health Plans, Health Insurance, Insurance Solutions, Health Insurance Plan Rates, Individual Health Insurance

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