Medical Specialties News

Health Insurance Exchange (HIX) IT Market Recent Opportunities with Growth Forecasts By 2028 – hCentive, Inc., MAXIMUS., Xerox Corporation., Oracle

Health Insurance exchange (HIX) is emerging as the de facto acronym across state and federal government stakeholders, and the private sector technology and service providers that are helping states build their exchanges. Health insurance exchange (HIX) is the latest trend in an online market place. Built on more than a decade of experience with the medicare advantage and managed Medicaid industry, Inovalon’s suite of innovative solutions support qualified health plans (QHPs) offering health insurance coverage to individuals and small groups on the health insurance exchange (HIX) marketplace.

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The Prominent/Emerging Players in the Health Insurance Exchange (HIX) IT Market Research include:

CGI Group Inc., Accenture., hCentive, Inc., MAXIMUS., Xerox Corporation., Oracle, Infosys Limited, Microsoft, Noridian Healthcare Solutions,, and Hexaware Technologies. among others.

The global health insurance exchange (HIX) IT market is segmented on the basis of type, component, phase, and end-users. The type segment includes, public exchanges, and private exchanges. The segment of public exchanges is further classified into, state-based exchanges, federally facilitated exchanges (FFE), state partnership model. On the private exchanges basis market is segmented as, multi-carrier exchange, and single-carrier exchanges. Based on component, the market is segmented as, software, hardware, and services. Based on end users, the market is classified as, health plans/payers, government agencies, and third party administrators, brokerage firms, & consultancies.

Financial Performance:

Overall company/segment revenue for the year 2019, 2018, and 2017 is provided in the sub title “Financial Performance” (public listed companies) along with the analysis and explanation of the increase or decrease in the same due to factors such as mergers & acquisition, profit or loss in any strategic business unit (SBUs) and others.

Product Benchmarking:

Product benchmarking comprises the comprehensive list of products pertaining to the respective market along with the application and key features.

Strategic Initiatives:

Insights pertaining to the new product launch, strategic collaboration, mergers and acquisition, regulatory approval, and other developments by the company in market are covered under strategic initiatives section.

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Prashant Tambe
Prashant Tambe
An expert in SEO, Prashant carries an experience of over five years in the industry. He has the ability to analyze global industry trends that helps the leaders to make smarter decisions. An electrical, electronics and communication engineer, Prashant is able to predict future trends as they are changing fast with technological development.