RESTON, VA – June 4, 2014:- hCentive, the leader in ACA health insurance exchange technology, announced today one of its executives, Barry DuPree, will be speaking during AHIP Institute being held from June 12 through June 13 in Seattle, Washington.
Barry DuPree, Director of Solutions and Sales Support, will speak on Thursday, June 12 from 2:30 to 3:15 p.m. in Room 6A, located on the sixth floor. His topic “Evolution of Private Exchanges: Preparing for What’s Next” will provide attendees with insights on lessons learned from federal and state exchanges; as well as what’s next for healthcare e-commerce and what features & functionality tomorrow’s consumers will demand.
While much attention this past year has been paid to the Federally Facilitated Marketplace (FFM) and state-based exchanges, larger growth is expected to come from private exchanges. With research predicting that up to 40 million people will enroll in private exchanges by 2018, it is time to determine your strategy. This session is a fit for organizations starting to think about exchanges; as well as, organizations that are currently running an exchange and want to ensure it continues to meet market demands.
“Now that healthcare.gov and the state-based exchanges are performing well, payers are starting to think about their private exchange strategy. With research showing by 2018 nearly 40 million people will purchase their health plans from private exchanges, it is essential that health plans capitalize on this revenue opportunity. Our session focuses on lessons learned from the state-based exchanges; as well as, how meeting the needs of today’s consumers isn’t enough. Plans must look to where the market is heading and ensure their technology can scale to meet future demands,” said Sanjay Singh, Chief Executive Officer of hCentive. “As a major sponsor of AHIP, we are very pleased to be speaking at AHIP Institute. We encourage attendees who are just starting to develop or currently revamping their private exchange strategy to attend our session.”
hCentive is in the business of simplifying the complex world of health insurance. hCentive provides technology solutions for health insurers and state health agencies. These solutions help them reduce cost and administrative complexity, while enhancing relationships with their customers.
hCentive is the first organization to build an exchange solution from the ground up post the Patient Protection and Affordable Care Act of 2010 (PPACA). hCentive has developed a deep understanding of healthcare reform and has crafted solutions and services that align with federal and state regulations and meet or exceed all industry standards.
The hCentive WebInsure Private Exchange solution allows health plans to offer defined contribution plan marketplace to small business customers. The WebInsure State platform helps states create a health benefits exchange to comply with health insurance exchange requirements of the PPACA. The WebInsure Exchange Manager provides a complete connectivity solution for health plans to connect to State Exchanges. The hCentive WebInsure Medicare platform helps health insurers cost-effectively acquire and manage Medicare and small business customers.