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In colorado employers slightly prefer hmo plans 38

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Unformatted text preview: tly prefer HMO plans (38%) over preferred provider organization (PPO) only plans (35%), with 27% of employers offering employees a choice of products (HMO, PPO, and indemnity). The advent of healthcare reform has provided an opportunity for healthcare companies to reposition themselves with new relationships both within and outside their traditional domains. One strategy includes healthcare insurers realigning their business model to control costs. For example, the insurance company Humana is purchasing Concentra, which operates more than 300 medical centers, including many in Colorado. Another strategy is to diversify through expanding into new lines of business, such as Aetna, which has acquired Medicity, a health technology company that has a contract in Colorado with the Colorado Regional Health Information Organization. Last, healthcare companies are consolidating to maintain access to capital and leverage economies of scale, such as UnitedHealthCare, which has acquired Principal Financial Group. The industry is undergoing a...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.

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