The Benefits Playbook Navigating Volatility: Innovative Strategies for Cost-Effective Health Benefits with Christian Moreno, Executive Vice President at Lockton
This episode features an interview with Christian Moreno, Executive Vice President of Lockton. With more than 20 years of experience, Christian specializes in designing health plans that are fully integrated with wellness solutions, helping employers manage the demand side of healthcare.
In this episode, Kirk and Christian discuss strategies to manage healthcare cost volatility, the efficacy of wellness programs versus high-cost medications, and the potential shift towards narrower networks to contain costs while maintaining quality care.
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“ I don't know that you can make this just an employee decision at the end of the day. It's going to have to happen further upstream if we want to have a seismic or substantial impact on cost. If we're just talking about physician A versus physician B, but I can still choose to go within any hospital system at any time with total freedom. If we are going to leave it up to employees and just make it a broad PPO network, I don't know that they have the information just yet to make those decisions. It's going to have to have come from intelligent data tools in their hand. It's going to have to have assistance from the TPA and it's going to have to have assistance from the ecosystem around the member making those decisions.” – Christian Moreno
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Episode Timestamps:
*(00:51): Christian’s career journey
*(02:31): Volatility in healthcare costs
*(10:12): Wellness programs and GLP-1s
*(20:28): Network design and future strategies
*(27:49): Driving employees to high quality providers
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Links:
Connect with Christian on LinkedIn
Learn more about Collective Health
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