Trends in Healthcare Payments: Friction With Premiums and Digital Demand
Amid the ongoing COVID-19 pandemic, payers have experienced a boost to their financial outlook. This is due in part to the individual market, where more consumers are enrolling in health plans. The individual market will likely maintain this momentum as consumers view it favorably. The current popularity is despite the repeal of the individual mandate penalty in recent years.
Individual members are unique to payers in that they make payments and manage their premiums without outside support. This is unlike millions