RESTORE YOUR MARGINS
AND STAY COMPETITIVE
These reductions of margins are mostly due to the steadily growing cost of care.
Care2care can provide a piece of the solution for you, your clients and their workforce
Selection of top ranked hospitals and clinics in France
Medical costs in France are 2 to 5 times less than in the U.S.A., and do not vary much between hospitals, as they do here.
Via a secure workflow your clients (or their employees) can obtain a medical quotation guarantying a set price for a specific procedure
Full chaperoning and an all-in-one conciege service to organize travel and stay in France, return to home, including potential follow-up
Care2Care Medical Travel : Affordable, quality health care for everyone
On the supply side, the American healthcare landscape is thriving and diverse
A recent survey conducted by DELOITTE on fully insured health plans, shows very instructive numbers:
For the 205 responding entities (on a total of 238), revenue grew by a substantial 65% between 2011 and 2016 while the underwriting margin shrunk by 55% (3.5 to 1.6%) during the same period!
Among these 205 health plans, the 3 largest are, to say it bluntly, faring very well, representing 84% of the underwriting margins, while only accounting for 34% of the revenues.
92 health plans are reporting losses, many of which not for profit players -representing a total $425 b in 2016 revenues for only $3.2 b underwriting gains, about 0.8%.
And yet, insurance premiums are increasing more than wages and consumer price index, due to steadily growing cost of care.
Many insurers are hence trying to resolve two conflicting issues simultaneously: restoring their margins while staying competitive in the market.
Care2care is here to help them address these competing objectives by lowering targeted healthcare costs while increasing access to care for your client’s workforce, thus gaining a competitive advantage.