Health Insurance Exchanges
Commonwealth Medicine is recognized nationally as a leader in the development of health insurance exchanges.
In 2011, we received a $35.6 million Early Innovator grant from the U.S. Department of Health and Human Services to develop an online health insurance exchange system. This system, funded through the Affordable Care Act, will enable New England consumers and small businesses to pool their purchasing power to find lower insurance rates.
Led by Commonwealth Medicine consultants, the New England States Collaborative Insurance Exchange Systems grant brings the region together to work toward this goal. At the launch of the program, our health care reform and technology experts began collaborating with the Massachusetts Executive Office of Health and Human Services to develop a flexible information technology framework. This framework will become a Massachusetts-only health insurance exchange system at first. When it is established, however, the technology and knowledge acquired will be transferred to accelerate development of insurance exchanges in other New England states.
This initiative builds on Commonwealth Medicine’s longstanding dedication to developing — and seamlessly integrating — new technology into the health care system, while placing a high priority on continued privacy and security standards.
The team for this health insurance exchange project will draw on Commonwealth Medicine's expertise in Health Information Technology Policy. Our capabilities and expertise include topics like these:
- Electronic medical records
- Health information exchanges
- Health insurance exchanges
- Research on health information technology and exchange