Multi-year insurance products on health insurance exchanges could prompt insurers to invest in more services with long-term benefits. This in turn, would reduce healthcare costs and some of those savings could result in lower premiums for consumers, according to a Health Affairs blog written by a senior scientist and policy researcher at Rand Corp.

While many challenges exist in exploring this possibility, the ability to align the interests of health plan enrollees and insurers by reaping long-term benefits of patient health management are worth exploring, they argue. 

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