Events Calendar

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12:00 AM - Arab Health 2020
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5th International Conference On Recent Advances In Medical Science ICRAMS
2020-01-01 - 2020-01-02    
All Day
2020 IIER 775th International Conference on Recent Advances in Medical Science ICRAMS will be held in Dublin, Ireland during 1st - 2nd January, 2020 as [...]
01 Jan
2020-01-01 - 2020-01-02    
All Day
The Academics World 744th International Conference on Recent Advances in Medical and Health Sciences ICRAMHS aims to bring together leading academic scientists, researchers and research [...]
03 Jan
2020-01-03 - 2020-01-04    
All Day
Academicsera – 599th International Conference On Pharma and FoodICPAF will be held on 3rd-4th January, 2020 at Malacca , Malaysia. ICPAF is to bring together [...]
The IRES - 642nd International Conference On Food Microbiology And Food SafetyICFMFS
2020-01-03 - 2020-01-04    
All Day
The IRES - 642nd International Conference on Food Microbiology and Food SafetyICFMFS aimed at presenting current research being carried out in that area and scheduled [...]
World Congress On Medical Imaging And Clinical Research WCMICR-2020
2020-01-03 - 2020-01-04    
All Day
The WCMICR conference is an international forum for the presentation of technological advances and research results in the fields of Medical Imaging and Clinical Research. [...]
International Conference On Agro-Ecology And Food Science ICAEFS
2020-01-06    
All Day
The key intention of ICAEFS is to provide opportunity for the global participants to share their ideas and experience in person with their peers expected [...]
RW- 743rd International Conference On Medical And Biosciences ICMBS
2020-01-07 - 2020-01-08    
All Day
RW- 743rd International Conference on Medical and Biosciences ICMBS is a prestigious event organized with a motivation to provide an excellent international platform for the [...]
International Conference On Nursing Ethics And Medical Ethics ICNEME
2020-01-08 - 2020-01-09    
All Day
An elegant and rich premier global platform for the International Conference on Nursing Ethics and Medical Ethics ICNEME that uniquely describes the Academic research and [...]
International Conference On Medical And Health SciencesICMHS-2020
2020-01-09 - 2020-01-10    
All Day
The ICMHS conference is an international forum for the presentation of technological advances and research results in the fields of Medical and Health Sciences. The [...]
12th Annual ICJR Winter Hip And Knee Course
2020-01-16 - 2020-01-19    
All Day
Make plans to join us in Vail, Colorado, for the 12th Annual Winter Hip And Knee Course, the premier winter meeting focused on primary and [...]
3rd Big Sky Cardiology Update 2020
2020-01-17 - 2020-01-18    
All Day
ABOUT 3RD BIG SKY CARDIOLOGY UPDATE 2020 Following the success of the 2nd edition, I am pleased to invite you to the “3rd Big Sky [...]
A4M India Conference
2020-01-18 - 2020-01-20    
All Day
ABOUT A4M INDIA CONFERENCE Taking place for the first time in New Delhi, India, this two-day event will serve as a foundational course in the [...]
International Conference On Oncology & Cancer Research ICOCR-2020
2020-01-19 - 2020-01-20    
All Day
The ICOCR conference is an international forum for the presentation of technological advances and research results in the fields of Oncology & Cancer Research. The [...]
Arab Health 2020
2020-01-27 - 2020-01-30    
All Day
ABOUT ARAB HEALTH 2020 Arab Health is an industry-defining platform where the healthcare industry meets to do business with new customers and develop relationships with [...]
12th International Conference on Acute Cardiac Care
2020-01-28 - 2020-01-29    
All Day
ABOUT 12TH INTERNATIONAL CONFERENCE ON ACUTE CARDIAC CARE Acute Cardiac Care has been undergoing a substantial transformation in recent years as the population ages and [...]
30 Jan
2020-01-30 - 2020-01-31    
All Day
The ICMHS conference is an international forum for the presentation of technological advances and research results in the fields of Medical and Health Sciences. The [...]
Annual Lower and Upper Canada Anesthesia Symposium 2020 (LUCAS)
2020-01-31 - 2020-02-02    
All Day
ABOUT ANNUAL LOWER & UPPER CANADA ANESTHESIA SYMPOSIUM 2020 (LUCAS) On behalf of the Departments of Anesthesia of McGill University, Queen’s University, and the University [...]
RF - 577th International Conference On Medical & Health Science - ICMHS 2020
2020-02-02 - 2020-02-03    
All Day
577th International Conference on Medical & Health Science - ICMHS 2020. It will be held during 2nd-3rd February, 2020 at Berlin , Germany. ICMHS 2020 [...]
ISER- 747th International Conference On Science, Health And Medicine ICSHM
2020-02-02 - 2020-02-03    
All Day
ISER- 747th International Conference on Science, Health and Medicine ICSHM is a prestigious event organized with a motivation to provide an excellent international platform for [...]
Events on 2020-01-08
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A4M India Conference
18 Jan 20
Haridwar
Events on 2020-01-27
Arab Health 2020
27 Jan 20
Dubai
Events on 2020-01-28
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White Papers

Using Customer Journey Maps to Improve Health Insurance Customer Loyalty

hipaa compliance
Using Customer Journey Maps to Improve Health Insurance Customer Loyalty
Executive Briefing
Author
Jim Tincher, Principal Consultant, HeartoftheCustomer
Jim@HeartoftheCustomer.com
Editor
Shane White, Director—New Projects, FC Business Intelligence

swhite@fc-bi.com

Overview

It’s a time of massive change for the healthcare industry. The Affordable Care Act accelerated the move to consumerism, requiring more of a focus on customer experience than ever before.
Even payers who have always focused on individual plans have to adjust. At the same time as new competitors enter the consumer market, they also have to support exchanges while their consumers demand more than ever. The good news is that companies that get the customer experience right are rewarded with growth, adding loyal customers while simultaneously lowering the cost to serve. But get it wrong–hide behind byzantine bureaucracy and incomprehensible rules–and market share drops rapidly as customers flee towards simpler plans. Watermark Consulting analyzed the stock price impact of customer experience, 1 and found that while the S&P benchmark increased by 14.5% from 2007 – 2012, customer experience laggards’ stock lost 33.9%. At the same time, customer experience leaders saw their stock rise by 43%.

A journey map is a visual display of an experience as a customer sees it. See Elements of a Journey Map on page 5 for an example. This customer view is what makes them so useful. Unlike a process map, steps that do not resonate with customers are left out, while other steps that do not  directly involve the sponsoring company are included. Journey maps are used for both business and consumer customers, although the research methods vary between the two audiences. Journey maps are used for experience design by many players in the healthcare industry, from the Mayo Clinic to UnitedHealthcare.

McKinsey & Company analyzed the importance of managing entire journeys versus managing individual touch points (such as the website or call center). They found that industry performance on journeys is “20% to 30% more strongly correlated with business outcomes, such as high revenue, repeat purchase, low customer churn, and positive word of mouth.”

The example map on page 5 shows a representative journey for a segment of consumers purchasing health insurance. Notice that eight of the first nine consumer steps do not involve Coolsure Insurance’s (a mythical health plan)people or systems. This is often the case in a purchasing journey, as consumers or employers use other resources for their research. Unfortunately, these steps often have more influence over whether the customer eventually buys than does a company’s website or its sales force.

A typical journey mapping project analyzes separate customer segments, with a unique map created for each. For example, a Fortune 100  company implements a new health care plan very differently than a 50-person software company. Trying to encapsulate both experiences as one journey results in a watered-down map that doesn’t accurately represent either customer segment.