EP493: Revelations Mainstream CEOs Are Having About the Healthcare Market Right NowβAlso, Some Advice, With John Quinn
Relentless Health Value
Boardroom Chatter: Trend Shocks and Renewals
John gives examples of employers shocked by higher trend and explains material earnings impacts for large firms.
In Episode 493 of Relentless Health Value, host Stacey Richter engages in an enlightening discussion with John Quinn, CEO of Wellnecity, about the current revelations and challenges employer CEOs are facing within the healthcare market. Stacey explores whether average employer C-suites are recognizing the fundamental myth that a functioning healthcare market exists.
The conversation dives into how self-insured employers are substantially the demand side of the healthcare market and why their lack of insistence on a true market exacerbates high prices. John Quinn shares insights on why C-suites and boards are now more attuned to healthcare spending, emphasizing the need for real-time, correct data and comprehensive vendor accountability.
A significant takeaway is the shift from viewing health benefits management as a one-time annual task to adopting a continuous, year-long strategic approach. Finally, the episode delves into actionable steps for employers to manage healthcare costs more effectively without compromising employee health, urging them to move beyond traditional cost-shifting tactics.
=== LINKS === π Show Notes with all mentioned links: https://cc-lnk.com/EP493
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