The Patient Protection and Affordable Care Act provides for every American to have health insurance and gives states a say in whether they establish an exchange or participate in the federal exchange. The result will be a dramatic increase in the number of people who will be covered across the system.
This individual mandate creates an opportunity for disruptive innovation in all areas of the healthcare payer’s business including pricing and rating. To succeed, payers need to learn to interface directly with end users, and they need an IT infrastructure that’s flexible enough to accommodate new customers and roll out new products quickly.
Change is a given in the healthcare industry of the future. Payers that take steps to ensure enterprise agility today will be able to respond as healthcare reform proceeds.
Click Download Now to read the strategy brief, Enterprise Rating Agility Improves Payer Response to Healthcare Reform, and learn the answers to these and other questions.
Oracle Insurance: Transforming the Insurance Enterprise
Oracle believes that insurers should be able to leverage technology to help transform their business. Oracle Insurance provides adaptive, rules-driven systems that help insurance companies easily change business processes as their business needs change. These systems position insurers to become more adaptive themselves, ready to respond to dynamic market conditions and take advantage of new opportunities as they arise. For more information on Oracle Insurance, please visit oracle.com/insurance or contact us by e-mail at firstname.lastname@example.org. To speak to an Oracle Insurance representative, please call 1.800.735.6620.