Wellpoint’s $10 Million Contest
Wellpoint in conjunction with X Prize Foundation, has announced a $10 Million competition to produce a system of health care proposals that would improve health care quality and reduce costs. Wellpoint will payout the prize to the winner of the competition.
The competition could take several years as proposals would be tested in various state markets and the proposals must prove to be effective in order to qualify for the $10 Million prize.
This is a great step in getting all stakeholders involved in solving the health insurance challenges facing our country, ranging from the huge numbers of uninsured in this country, to the escalating health care costs, to rising health insurance rates that must be borne by individuals and families.
