Health Insurance Payers
Oliver Wyman works with payer organizations across the U.S. to redefine operating strategies that will drive improvements in the quality and affordability of care. Our integrated approach toward improving health management not only drives near-term performance, but also can be applied to fundamentally transform traditional insurance operating models.
Offering & Experience
Oliver Wyman is committed to helping health insurers to compete on the basis of quality and affordability. Sustainability rests on shifting to more effective strategies for managing escalating utilization and unit-cost trends. Oliver Wyman’s Integrated Health Management (IHM) framework is a comprehensive approach to thinking about care management and delivery. IHM enables clients to devise and implement strategies that reduce unnecessary and inappropriate medical expense, while engaging members in more active health management. This approach extends beyond the plan to address the needs of all stakeholders, including providers, employers, members, and others.
The breadth of the IHM platform derives from a decade-long track record of supporting payer organizations in the development of defined strategic plans. Clients call on our team’s deep expertise to help devise solutions for specific issues. We have a long track record in accelerating top-line growth. Our team of Medicare specialists has helped payers across the U.S. devise profitable strategies for the senior population. In combination, Oliver Wyman’s cross-functional expertise and proprietary analytical frameworks support true healthcare innovation.
Oliver Wyman also advises service and technology firms that work within the health insurance industry. With deep expertise across the healthcare landscape, Oliver Wyman works with clients to evaluate, prioritize, and initiate strategies focused on capturing demand for new service models, technologies, and other innovations, ultimately filling gaps in the current healthcare value chain.
Universally, these strategies are grounded on rigorous quantitative and qualitative research and leverage the Health and Life Science practice’s deep understanding across the healthcare landscape. Our clients also benefit from Oliver Wyman’s extensive actuarial acumen. A wide array of payer, disease management, provider, and technology organizations have discovered deep value in Oliver Wyman’s unique combination of industry and subject matter expertise.
Experts
Tom Main, Mike Weissel, Chris Bernene, Mike Lovdal, Michael Main, Terry Stone, Howard Lapsley, Mindy Kairey, Mark Luck Olson
