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Product Management Analytics Question: Evaluating metrics for a Medicare plan finder tool
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Nextsprints

Updated Jan 22, 2025

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What metrics would you use to evaluate HealthCare.com's Medicare plan finder feature?

Product Success Metrics Medium Member-only
Metric Definition Data Analysis Healthcare Industry Knowledge Healthcare Insurance Digital Health
User Engagement Conversion Optimization Product Analytics Healthcare Tech Medicare

Introduction

Evaluating HealthCare.com's Medicare plan finder feature requires a comprehensive approach to product success metrics. To address this challenge effectively, I'll follow a structured framework that covers core metrics, supporting indicators, and risk factors while considering all key stakeholders.

Framework Overview

I'll follow a simple success metrics framework covering product context, success metrics hierarchy.

Step 1

Product Context

HealthCare.com's Medicare plan finder is a digital tool designed to help seniors and their caregivers navigate the complex landscape of Medicare plans. It allows users to input their specific healthcare needs, preferences, and location to receive personalized plan recommendations.

Key stakeholders include:

  1. Seniors seeking Medicare coverage
  2. Caregivers and family members assisting in the decision-making process
  3. Insurance providers offering Medicare plans
  4. HealthCare.com (revenue generation and user acquisition)
  5. Government agencies overseeing Medicare

User flow:

  1. Users enter basic information (age, zip code, current medications)
  2. They specify preferences (e.g., keeping current doctors, prescription drug coverage)
  3. The tool generates a list of recommended plans based on the input
  4. Users can compare plans side-by-side and access detailed information
  5. Finally, users can either enroll directly or contact a licensed agent for assistance

This feature aligns with HealthCare.com's broader strategy of simplifying healthcare decisions and connecting consumers with appropriate insurance options. Compared to competitors like eHealth or GoHealth, HealthCare.com aims to provide a more user-friendly and personalized experience.

The Medicare plan finder is in the growth stage of its product lifecycle. It has proven its value but still has significant potential for user acquisition and feature enhancement.

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