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The High Cost of Drugs isn’t Just a Problem for Insurance Companies

The 39 most expensive drugs in the U.S. range from an annual cost of low $10,000’s to high $500,000’s,’ says John Sarich, VP of strategy at VUE Software. ‘They are designed to treat very serious medical conditions. It should be noted that pharmaceutical companies are international businesses with drug manufacturers.

VUE Software Launches Blockchain Initiative

Coconut Creek, Florida, 8/8/2018—VUE Software, The Insurance Distribution Modernization Company, has funded a blockchain research project—teaming with select graduate students from NYU Stern School of Business and Harvard Business School —on how blockchain technology can solve business issues in the insurance industry. VUE Software will gradually release the findings of this initiative within the next... Read more »

Medicare Advantage Gets A Burst Of Energy With Higher Reimbursements.

Continuing growth of Medicare Advantage means competition as carriers drive Medicare Advantage enrollment growth by increasing internal sales teams and aggressively courting major Insurance Agencies to market their plans.

Driverless cars shrouded in misplaced assumptions

July 26, 2018 | Written by John Sarich We currently see driverless vehicles in the test phase that can't actually be used on the vast majority of the roads in America. Some in the insurance industry believe that ‘driverless cars are not ready for prime time in America.’ Here, Jaguar and Waymo introduced their I-Pace... Read more »

Health Plans: 5 Benefits of Automating your System

The Deloitte Health Plan Retail Online Capability Survey of six health plans concluded that technology investments are no longer an option—they’re an imperative. The benefits are quantifiable and the cost of automation has decreased significantly. Here are the top 5 benefits of automating:

Remember the Sales Force?

July 23, 2018 | Written by Gil Quesnelle Here’s why carrier efforts to consolidate data should focus on brokers as well as consumers. Everyone talks about the end client, but very few are talking about the carrier-to-broker relationship. In any industry conference today, there is a lot of discussion about serving the client and the... Read more »

Emergency Independent Adjuster Licensing Rules & Requirements

With the eruption of the Kīlauea volcano that caused devastation in Hawaii, and meteorologists predicting a more active than normal 2018 Hurricane season, insurers need to be prepared and informed of the rules that govern declared catastrophes if they intend to use Emergency Independent Adjusters to process claims. In the event of a declared catastrophe,… Read more »