Collective Health Offers a Way to Manage Healthcare Plans
Michael Hemsworth — March 14, 2016 — Lifestyle
References: insurify & lifehacker
When it comes to managing healthcare plans it can be a whole lot of data in lots of different places, so Collective Health has developed a platform to help make sense of it all.
Centralizing benefits, analyzing claims and offering population information, the Collective Health platform is a comprehensive solution for consumers, brands and insurance provides alike. In the future, the platform could help individual, customized plans come to fruition in a more easy, streamlined way.
Started by Ali Diab, Collective Health is a way to help streamline the insurance healthcare plan, make it less jargon-focused and more understandable. Collective Health is summarized by Diab when he explained, "I wanted to build a new kind of insurance company, where there’s more clarity and the experience is more similar to Amazon."
Centralizing benefits, analyzing claims and offering population information, the Collective Health platform is a comprehensive solution for consumers, brands and insurance provides alike. In the future, the platform could help individual, customized plans come to fruition in a more easy, streamlined way.
Started by Ali Diab, Collective Health is a way to help streamline the insurance healthcare plan, make it less jargon-focused and more understandable. Collective Health is summarized by Diab when he explained, "I wanted to build a new kind of insurance company, where there’s more clarity and the experience is more similar to Amazon."
Trend Themes
1. Healthcare Plan Centralization - Developing platforms that centralize benefits, analyze claims and offer population information could lead to comprehensive solutions for consumers, brands and insurance providers.
2. Customized Healthcare Plans - As the Collective Health platform evolves, it could help individual consumers create customized plans in a more streamlined way.
3. Insurance Industry Innovation - Collective Health's platform offers a disruptive innovation opportunity for insurance providers to offer more clarity and a better user experience to consumers.
Industry Implications
1. Health Insurance - Health insurance providers can benefit from developing platforms that centralize benefits and streamline healthcare plans for consumers.
2. Technology - Developing innovative platforms like Collective Health's for the insurance industry requires technological expertise and investment.
3. E-commerce - As Ali Diab stated, he wanted to create an insurance experience more similar to Amazon's, indicating an opportunity for e-commerce companies to disrupt the insurance industry by offering a more user-friendly experience.
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