The Affordable Care Act builds a bridge to 2014 when a new competitive insurance marketplace will be established. The new marketplace will include state-run health insurance exchanges where millions of Americans and small businesses will be able to purchase affordable coverage, and have the same choices of insurance as Members of Congress.
-www.whitehouse.gov
The debate over healthcare has slowly fizzled from the front pages of many newspapers in the past few months. Where has it gone? To somewhere in the middle of the newspapers we now read online; that’s where. It seemed as though once the fairly new Affordable Healthcare Act was decided, the questions surrounding the funding of this new plan stunted the growth and implementation of new reform. So now we have an economy that is in a state of flux and, to top it off, a healthcare plan that is currently bureaucratically stunted. Oh silly Washington… Bills are for signing! What’s a pharma/healthcare/insurance company to do about advertising to Hispanics? Make it a priority.
First off, let us answer this question. Should we market to Hispanics? The answer is a resounding YES. If you are not targeting Hispanics you are missing out on a 46 million piece of market segment. Mind you that this figure is continuing to grow. OK so, how? Well, most of the competition out there doesn’t include much diversity across their campaigns. There has been a general lack of Hispanic medical advertising. The best way to tap into a market is to make it identifiable. Include Latinos and Hispanic culture in your strategy to let them know this is for them. Homogeneity in casting commercials or campaigns should be viewed as a flaw. It is exclusive and provides minimal context for potential customers.
What to market to Hispanics? The current healthcare plan was hotly debated and was supported by two major candidates in the 2008 presidential elections. Both of which had a health minority vote. Market the changes that are happening and exploit the new policies continuing to be made. The changes to healthcare should not be viewed as a detriment but rather an opportunity. Capitalizing on Hispanic political values should be a guiding force but should remain subtle to the primary purpose of getting your services out there.
When? Now. The Affordable Healthcare Act is still in its infancy having only been signed into law last March. Additions to the act are being added soon. Just this past September a new addition was made stating new benefits to people who purchase a new healthcare plan after September 23rd. Making moves towards minorities gives a company a first mover’s advantage on everyone else. Also remember that unemployment has been said to have reduced lately. That means many people are getting their jobs back and are in need of health benefits. Health benefits purchased after September 23rd. I’d also like to emphasize informing millennials because many of them well be or already are looking for their first or second careers. Since so little is being trickled out of the media about the new policies being made, a lot of people are confused on what they are legally entitled to; benefit wise. Being a coach to people who are just familiarizing themselves with new policies is a great way to develop consumer loyalty. You can say you’ve been with them from the beginning years til now.
But what about the economy? What about it? Yes, it truly isn’t flourishing. Yes, people are being financially conservative but nothing will stimulate the economy until we all circulate the money supply. Sorry to get ALL marco-economic on you there but it is the truth of the matter. People are scared and they need reassurance. People fear illness. If there is no one to provide guidance for them than it leaves individuals confused on where to go especially when they’re sick. Be the company they trust.
Written by: Kurt Griese







