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Insurance Industry Leaders Share Views on Healthcare Reform from AHIP

Posted on June 22, 2012

Survey reveals leaders’ views on healthcare reform, politics and wellness; less than five percent feel the nation is on the right track when it comes to health insurance.

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(HealthNewsDigest.com) – SALT LAKE CITY, June 21, 2012 — Connecture, Inc., the leader in sales automation technology for the health insurance industry, today shared the results of a survey conducted on the exhibit hall floor of AHIP’s Institute 2012 conference last night and this morning. The survey results offer an insightful look into the personal opinions of industry leaders charting the future of health insurance in the United States, and include their views on reform, the Supreme Court’s upcoming decision on the Patient Protection and Affordable Care Act (PPACA), the reasons for increasing healthcare costs and politics.

Connecture makes the Web-based marketplaces and exchanges that more than half of the 20 largest health insurance carriers use to sell, administer and manage their products; as well as exchanges now being created by many states throughout the nation. Today, more than 25 million Americans purchase their health insurance through systems created by Connecture.

Some of the most interesting findings in the survey include:

— More than half (56 percent) of insurance executives believe that most
health insurance will be sold through exchanges within five years.
Nearly a third believe they will be government-run exchanges.
— Nearly two-thirds (61 percent) believe that, five years from now, the
majority of small businesses will not offer health insurance to their
employees.
— Among respondents, 28 percent say they would most trust private-sector
stalwarts like Walmart to drive down the cost of healthcare (as opposed
to the government or the health insurance industry itself).
— More than half (61 percent) believe President Barack Obama will benefit
more from the upcoming Supreme Court ruling than presidential candidate
Mitt Romney.
— Only four percent of health insurance executives say they believe the
country is on the right track when it comes to health insurance. More
than 40 percent say something has to “fundamentally change” and 40
percent say the current course “isn’t sustainable over the long term.”
— Nearly half (49 percent) of respondents believe that unhealthy living
habits are most responsible for the increase in healthcare costs, while
more than 20 percent believe healthcare providers are most responsible.
Sixteen percent cite government regulations as being most responsible.
“It’s no secret that we’re at an inflection point that will determine how we as a nation will address the social and business questions inherent in healthcare and healthcare reform,” said Doug Schneider, CEO of Connecture. “The one thing that is abundantly clear to everyone, regardless of political ideology or role in the industry, is that we need to be smarter about leveraging technology to create efficiencies and help ensure that healthcare and health insurance are affordable and accessible for all.”

About Connecture

Connecture is the leading provider of Web-based health insurance marketplace, service and administration technology. Its industry-proven solutions effectively assist buyers with the health insurance purchasing process while minimizing the back-office administration tasks such as workflow management, application processing, renewal processing and integration to carriers, state and federal programs. For more information, call Megan Riddle at 262.408.3865 or visit the Connecture website at www.connecture.com.

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