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Administration and Stakeholders of Health Plans - Essay Example

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Since the signing of the Patient Protection and Affordable Care Act by President Obama, an air of expectancy on health care issues has descended in the United States (Jennings, Christopher G; 2010). Administrators and stakeholders of health plans, insurers in particular, can…
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Administration and Stakeholders of Health Plans
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Administration and Stakeholders of Health Plans

Download file to see previous pages... The impact of the Act will be felt once its dots and crosses are assessed and also the citizens of the United States begin in a large measure to adopt preventive measures to accelerate good health conditions.
The stakeholders of the health plans comprise health insurers, medical product manufacturers, health care providers, consumers, most businesses, and organized labor. Health insurance companies offering wide range of health care plans the customers can choose from are hurriedly incorporating the new changes. One has to wait and see what changes the manufacturers might effect since development on the manufacturers’ side are implemented on the basis of new development in the science field more than in legislations.
The target group of customers for the health insurance companies in the United States are those in the middle age groups and professionally independent. The present reforms calls for increased private share in the health related expenditure. Thus, the markets for the health insurance are expected to further open up.
The ideal governing structure should have an efficient Chief Executive Officer and Managing Director (CEO and MD) at the top level. The CEO and MD are followed by executive directors for the marketing, finance, sales, risk management, human resources, legal and operations departments. The executive directors, in turn, will have regional managers based on geographical locations.
The mission statement of the organization basically covers the long term goals of the organization. The mission statement primarily comprises the ways that will be instrumental in achieving the vision of the company. The mission of the health insurance company includes that of:
In the modern world, the customer is the king. The success of the company lies in allowing the customers to have greater access to alternatives. This helps in empowerment of the customers and they find themselves to be the integral part of the organization. The company should have ...Download file to see next pagesRead More
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