Product Development & Enhancement

Long-term success in the Medicare managed care market

Click here to view the full size image life cycle image (above)

The plans that have the best chance of long-term success in the Medicare managed care market are those that have diverse product portfolios to meet the diverse and emerging needs of the Medicare managed care marketplace. But it doesn’t stop there. Plans must continually reassess and fine tune their offerings in order to attract and retain beneficiaries and meet evolving CMS requirements.

Medicare Product Strategy and Development should be thought of as a cycle that culminates with sales activities that begin in November.

Even as you are enrolling beneficiaries in November for the benefit year that starts in January, you need to start to work on strategic positioning for your product for the following benefit year – then do feasibility analysis – then develop your CMS application and your provider networks, so the cycle can commence all over again.

Our approach to strategy and development is highly collaborative--- and highly focused.  We know the tight timelines on which business decisions are made.  We are evangelists for no particular approach or product, except the one that works.  And "what works" is a combination of organization strengths and attention to market dynamics.

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