The Heart of Healthcare | A Digital Health Podcast

The Big Healthcare Reset | SCAN Group & Health Plan President and CEO Dr. Sachin Jain

57 snips
Dec 16, 2024
Dr. Sachin Jain critiques the 'toxic positivity' in healthcare, urging for radical changes rather than minor tweaks. He highlights challenges in Medicare Advantage, including benefit cuts and market exits, alongside the failures of healthcare consolidation. Jain points out the flaws in value-based care that prioritize short-term metrics over meaningful long-term health improvements. He also shares insights on SCAN’s mission to help seniors age at home and calls for innovative leadership to revolutionize the healthcare landscape.
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INSIGHT

Medicare Advantage Turbulence

  • Medicare Advantage (MA) faces challenges like new risk models, star rating changes, and market exits.
  • These changes impact revenues, benefits, and the strategies of MA plans and related startups.
INSIGHT

Nonprofit vs. For-Profit MA Plans

  • Nonprofit MA plans tend to have higher star ratings and prioritize benefit stability.
  • For-profit plans often adjust benefits or exit markets to maintain margins, impacting beneficiaries.
ANECDOTE

Pesticide Benefit Example

  • Some MA plans introduced "innovative" benefits like pesticide services to attract members.
  • These benefits often had utilization management restrictions, limiting actual use and raising questions about their value.
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