Hallmark Health Plan Pulse Check: May 2024

Hallmark Health Plan Pulse Check: May 2024

Welcome to May’s Hallmark Health Plan Pulse Check , my monthly newsletter sharing the latest trends, technologies, and collaborations shaping the future of healthcare. Below, you'll find how organizations are leveraging data, AI, and technology to drive health equity efforts and more.

Top Posts:

Organizations Embrace Tech for Health Equity Surge

A new report by Ernst & Young Global Consulting Services shows nearly all surveyed organizations are doubling down on their health equity efforts.

The report highlights an evolving focus on using data, AI, and tech to drive equity forward amidst the challenges of organizational constraints and financial hesitations.

These findings predict a transformative year in member care. The full study can be found here:


Celebrating Global Health Equity

Today is #WorldHealthDay . It marks the anniversary of the World Health Organization 's founding back in 1948, and each year, a public health issue is highlighted as a focus of the celebration.

This year’s focus is the fundamental right of every person, regardless of where they are, to access essential health services, education, and information. A powerful reminder that health is a global effort. Celebrating all the healthcare workers pushing us towards that future.

#WorldHealthDay #HealthForAll #PublicHealth


Medicarians 24: Innovating Healthcare for Longer, Better Lives

Excited to be on the ground at Medicarians in Las Vegas, a leading conference for product creators, care providers, distributors, venture investors, and startups all dedicated to one mission: helping people live longer, better lives—physically, financially, and mentally.


Key Trends and Strategies for Health Plans in 2024

It was a great week last week on the floor at Medicarians - a beautiful venue with no shortage of interesting sessions.

A few key takeaways:

?? Starting in 2024, all health plans will be required by mid-year to inform their members of the benefits they have. This will help one of the biggest pain points emerging in the last year - understanding and utilizing benefits.

?? Every MAPD member will be impacted by the Inflation Reduction Act, likely causing members to experience an increase in their monthly premiums, even though the maximum out-of-pocket limit remains capped at $2,000.

?? Adjustments are coming to funding. This could necessitate strategic and operational changes within health plans to maintain financial stability and continue providing quality care to Medicare Advantage beneficiaries.

Across all of these changes, retention has been and will continue to be a critical focus. Hallmark Business Connections works with one of the largest national health plans. They use 10 million Hallmark cards annually to keep in touch with their clients year-round, and their retention rate is 16% higher compared to non-Hallmark card recipients.


Maximizing Care Navigation with Direct Mail

Guidance is essential in care navigation, and direct mail plays a special role in informing members about their benefits.

Hallmark cards are a recognized, appreciated, and impactful way to encourage healthy behaviors, disseminate updates, and support them in taking full advantage of their plans.

If you are interested in discussing your Pre-AEP engagement strategy, reach out to discuss how we can integrate direct mail as a proven approach that delivers tangible results.


FAIR Health Report

The latest report from FAIR Health, Inc. reveals a remarkable 202% increase in the public use of retail health clinics from 2021 to 2022, highlighting a significant shift towards more accessible and cost-effective healthcare options.

This surge reflects a broader trend of patients prioritizing convenience and affordability in their healthcare choices, causing retail health clinics to emerge as key players in the healthcare delivery landscape. Their strategic locations and affordable services make them an attractive option for non-emergency care.

To talk more about the latest health plan member engagement strategies, send me a message on LinkedIn . I’d love to connect.

Thanks for subscribing, and stay tuned for next month’s Hallmark Health Plan Pulse Check.

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