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 ===
🔗 Show Notes with all mentioned links:
https://cc-lnk.com/EP493
🔗 Visit our Sponsor Wellnicity
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08:21 How savings and health benefits are directly connected.
10:45 EP436 with Elizabeth Mitchell.
11:46 What missed earnings look like in relation to healthcare.
14:27 How costs have been shifting to employees for years, and why this doesn't work anymore.
17:36 EP475 with Peter Hayes.
18:23 What employers need to do instead of cost shift.
19:12 EP406 with Lauren Vela.
21:30 Why it's important to make health benefit changes at the speed of business, not at the speed of the benefits year.
26:17 Why is it important to put a finance function into your benefits?
27:10 EP488 with Mark Cuban and Cora Opsahl.
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