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Everyday the
sky seems to be falling. Unemployment
is rising as more layoffs are announced
every week. Even previously safe industries
like healthcare are being affected.
Housing prices are falling in most parts
of the country. Credit is tough to come
by, even for those who want to buy.
Small companies are dropping health
insurance to remain competitive.
Now is the time
to look for opportunities in this market…
A recent Newsweek
poll noted that 24% of people are worried
about losing health care. The New York
Times ran a lengthy article in February
highlighting young adults as the largest
segment of the uninsured,; not because
they think they’re invincible (though
some do), but because they don’t have
enough earning power to afford the typical
insurance premium.
With the economy shrinking and employers
cutting back, it’s time to focus on
your individual products. There are
certain issues that must be addressed:
- Do
you have the right products to attract
new business?
- Is
your distribution system geared to
identify and bring the best risk to
you?
- Can
your underwriting and administrative
teams manage the additional volume?
Medwise
Partners has been solving these problems
for years with our business process
review services. Our team of experienced
underwriting professionals can make
strategic recommendations to help you
can stay ahead of the game.
Medwise Partners offers:
- Strategic
Planning
- Process
Improvement
- Product
Development
- Financial
and Operational Turnarounds
There are countless factors in a worsening
economy you can’t control. But, by focusing
on what you can, you are able make some
key decisions to improve your company’s
outlook
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