Most people would probably choose custom over off-the-shelf if they had the chance—even when the product is health insurance. At least, that’s how Michael Jordan, who is president of labor and strategic accounts at MagnaCare, a healthcare services company specializing in self-insured plans and network solutions, sees it.
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As a witness to the comings and goings of healthcare cost-saving strategies over the years, Jordan understands that one single solution to rising healthcare costs is unlikely. Instead, his attitude is one of both optimism and realism. “I don’t think there is one philosophy or one product that is going to deliver everything,” he says.
But, data analysis could play a significant role, and that’s one area of significant focus for MagnaCare.
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