Understanding Healthcare's Flaws and Finding Solutions with Michael Menerey, SVP of Alliant Insurance Services

This episode features an interview with Michael Menerey, Senior Vice President of Alliant Insurance Services. He currently oversees and manages the Los Angeles employee benefits team and is focused on new business development and recruiting and developing talented team members. Michael has been with Alliant for over 20 years in various roles such as Vice President and Benefits Consultant. In 2021, he was named by Risk & Insurance Magazine as a 2021 Power Broker® Award Recipient for Employee Benefits. 

In this episode, Sasha sits down with Michael to discuss the broken aspects of the traditional healthcare system, the lack of price transparency and quality metrics in healthcare services, and the necessity of tailored communication strategies for different workforce demographics.

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“When you're fully insured, there's just not a lot of levers that can be pulled from a cost containment standpoint. Once you move into that self-funded world, there is just a whole universe of different levers and tools at your disposal that can not only control cost, but can also improve the quality of care for employees and improve the member experience, relative to what it is in a traditional insurance model or even the traditional healthcare system.” – Michael Menerey

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Episode Timestamps:

*(01:19): Michael’s career journey  

*(02:54): Why healthcare is broken 

*(11:49): The benefits of self-funded health plans 

*(20:18): Three point solutions that every employer should consider 

*(24:36): How workforce demographics impact benefit plans and communications

*(35:23): Michael’s advice for how to manage your day

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Links:

Connect with Michael on LinkedIn

Connect with Sasha on LinkedIn

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