Universe Creation & Quarterly Data Submissions Made Easy
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Universe Creation & Quarterly Data Submissions Made Easy
- 1. Reporting Made Easy: Improve Universe creation & quarterly data submissions
- 2. Industry Disruption – 3 Signals Significant Regulatory Burdens Members Working to Manage Costs Member Experience Not Positive
- 3. Ask Yourself & Team 3 Questions 1 Are we doing the same things better? ITERATION 2 Are we doing new things? INNOVATION 3 Are we doing new things that make the old ones obsolete? DISRUPTION
- 5. How Will You Compete 1 IRRELEVANT - Business as Usual 2 MOMENTARY - In the Moment, FollowingTrends & Reacting to Behavior 3 RELEVANT - Compete for the Future
Editor's Notes
- Legacy companies are falling like dominoe to disruptors – Uber, Linked – fundamentally changing taxi cabs and recruiting industries ….just this week we saw Sears filing for bankrupty – Sears! Amazon Goggle Facebook poised to disrupt every industry like healthcare and grocery – Starting to see this take shape – Berkshire Hathaway and JP Morgan Chase and Amazone – Jan 2018. 1.) Regulatory burdens – traditionally protected companies from new entrants – great example of this is AirBnB – years ago no one would have anticipated of renting out their hour or back bedroom, the existing regulations didn’t clearly apply …how many new MA plans did we all see in the recent CMS star rankings? 2.) Today’s healthcare cost models are time consuming – it’s hard to get cost comparisons apples to apples … Customers have to work – great examples are Telsa & Mattress Casper selling direct online – taking out the hassle 3.) Third signal often exists as a side effect from the first two. When your members or providers contact your A&G department are they delighted to interact with you?
- “Today Payers have to foster loyalty” to do so, your IT members are creating and investing in innovatative products and mobile apps – You should have anwered yes to all three because There is no 1 way to succeed in the future. Success is dependent on the balance of all three item listed here – If you do not disrupt yourself it will be gift given to you by someone else. Today Jon is going to provide
- Business as usual – zero listening or just observing ? Momentary – just doing what everyone else is doing Relevant – Are you engaged and inspired by people? Adaptive and proactive to shape meaningful experiences?
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