We used CB Insights’ Business Relationships data to map out the companies insurers are partnering with in the Medicare Advantage space.
Medicare Advantage insurers have a simple formula for making money: spend less than the government gives them, while maintaining member health.
But this is easier said than done. Projecting future health expenses and keeping members healthy is extremely difficult, and even a single hospitalization can lose an insurer money on a Medicare Advantage member in a year.
To keep costs low and maintain quality of care, insurers work with a broad set of partners — including digital health startups, industry incumbents, non-profits, and tech companies — to coordinate care, manage chronically ill patients, enhance benefits, and expand networks.
We used CB Insights’ new Business Relationships data to show the breadth of partnerships the largest for-profit insurers have made to improve their Medicare Advantage offerings.
Please click to enlarge.