Griffin Hospital’s Post

Unlocking Healthcare Wisdom: Navigating Benefits with Ease Understanding health insurance can be as tricky as solving a Rubik's Cube blindfolded! Research shows that employees often struggle with the complexities, leading to costly decisions. But fear not! Healthcare navigation is here to save the day, guiding employees towards cost-effective healthcare choices. Here's how: 👩⚕️ Promoting Preventive Care: Encouraging employees to prioritize preventive screenings and establish primary care providers helps dodge costly chronic conditions down the road. 🚑 Steering Emergent Care: Instead of rushing to the ER, employees are directed to lower-cost options like urgent care or telehealth, saving both time and money. 💼 Optimizing the Benefits Ecosystem: Healthcare navigation/advocates ensure employees are utilizing all available cost-saving benefits, maximizing the value of your investment. 🏥 Influencing Site of Care: Identify opportunities to shift procedures to more affordable settings, empowering employees to make cost-effective choices. 📝 Navigating Benefits Complexities: Healthcare navigation/advocates provide hands-on support, decoding plan details and empowering employees to make informed, cost-conscious decisions. Healthcare navigation equips employees to become informed, cost-conscious consumers of healthcare. Over time, this elevates the overall healthcare literacy of the employee population, benefiting both the employees and the employer's bottom line.   #HealthcareNavigation #EmployeeBenefits #CostSavings #HealthcareAdvocate #CostEffectiveChoices #SelfFunded  

Did you know that employer-sponsored insurance is the healthcare shield for nearly 153 million nonelderly individuals? But as premiums soar by 22% in the last five years alone—with family coverage hitting an average of $23,968—it's clear that the landscape of employer-provided health benefits is rapidly evolving. A study from KFF's 2023 Employer Health Benefits Survey reveals a significant trend towards self-funded plans, with 65% of covered workers enrolled in such programs. Read more about these pivotal changes here: #valuebasedcare #employeehealthbenefits  

ATTENTION NETWORK!!! TIRED OF CONTINUED MEDICAL INSURANCE RATE INCREASES WITH NO END IN SIGHT?? A trusted Health Benefits firm that I partner with is hosting an event on April 23rd from 8-11am that I think you cannot afford to miss. To give you a glimpse into what awaits at their summit, they have prepared a video that delves deeper into the topics they will cover and the insights you can expect to gain. (See 1st comment). To secure your spot, register here: https://lnkd.in/g5DYd5Eg This summit isn't just about sharing knowledge—it's about providing actionable strategies that can drive meaningful change within your organization and by attending, you will have the opportunity to: Stay ahead of the curve by learning the latest innovative strategies for population health management. Network with industry peers and experts. Gain insights that can directly influence your organization's healthcare approach and bottom line. While I cannot attend due to previously scheduled travel, I really hope you can attend because that will mean you are wanting to stay ahead of your peers on the ever-changing landscape of healthcare.  

Is your Wisconsin business drowning in healthcare costs? If your health insurance premiums keep skyrocketing, here’s your lifeline! Pivotal Health's Direct Care for Employers is a simple way to take control of your healthcare costs AND provide high-quality, convenient care for your employees and their families. Direct Care for Employers features: 🏠 Exclusive, in-person house calls for urgent care and primary care 💰 Low monthly employer fee + $0-$50 each employee visit 😊 Happier, healthier, loyal workforce Pivotal Health's Direct Care for Employers helps you: ✅ Dramatically cut your organization's healthcare expenses ✅ Offer unparalleled care and convenience to your employees Did you know? 87% of employees rank health benefits as top priority. Invest in their wellbeing, and watch #employeeretention soar! Join other forward-thinking Wisconsin businesses already thriving with our innovative solution. Transform your #healthcare strategy today with us. #HealthcareInnovation #EmployeeBenefits #WisconsinBusiness

How are you dealing with healthcare costs skyrocketing? 🏥 Inc.’s Brit Morse takes a look at ICHRAs, an alternative to group health plans with CEO of Take Command, Jack Hooper. As the U.S. workforce evolves, so are options for health insurance. 🔄🏢 Read more to learn about ICHRAs and current medical options for U.S employers: https://lnkd.in/gKapk66Y Take Command are Edison Partners latest investment. 💼💡 #HealthcareInnovation #ICHRAs #TakeCommand #HealthcareCosts #EdisonPartners #HealthInsurance #EmployeeBenefits #healthcaresolutions #paymentplans #medicalplans #medicaloptions #healthtech #insuretech

Employer-sponsored insurance (ESI) covers around 180 million people, accounting for more than $1 trillion in health spending annually. However, significant challenges in cost, quality, and equity persist. In Milken Institute's latest survey, "Reimagining the Future of Employer-Sponsored Health Care to Drive Value," the findings show the need for employers to explore opportunities to improve health outcomes. Highlights from the survey posted by @Scott Wooldridge at BenefitsPRO indicate that average health insurance premiums increased by 7% for single coverage and nearly 25% for families. Despite significant healthcare spending, outcomes in the U.S. fall short compared to peer countries, with the lowest life expectancy and highest rates of avoidable deaths, maternal and infant mortality, and suicide. At PeopleOne Health, we believe employers should drive affordable healthcare through accountable care strategies such as expanding preventive care, improving primary care access, and prioritizing whole-person health, benefiting both employees and beneficiaries. Read more from Milken Institute's latest survey: https://bit.ly/3RT1ddm #Healthcare #EmployerSponsoredInsurance #AccountableCare

India's healthcare landscape is facing significant challenges, marked by a high prevalence of chronic diseases and a substantial portion of the population lacking regular access to trusted healthcare professionals. With over 100 million diabetics, India shoulders 60% of the world's heart disease burden, and hypertension affects 80 million of its citizens. Additionally, nearly 15% of the global mental health burden falls on India, and chronic conditions like heart disease are a concern for 56% of its population. Despite these health challenges, only 30% of Indians have health insurance coverage, and 75% lack a regular, trusted doctor. Addressing this need is Loop Health, a pioneering entity in India's healthcare landscape. Founded in 2019, by Mayank Kale, Ryan Singh, Amrit Singh and Shami Raj, Loop Health stands as India's first integrated care provider. It's at the forefront of redefining employee health benefits, aiming to scale high-quality healthcare to millions. The company's mission revolves around building a new healthcare platform that ensures financial protection from health risks while simultaneously improving health outcomes. The company offers customised group insurance at competitive rates from trusted insurers, ensuring affordability and accessibility. It emphasises unlimited primary healthcare, providing 24/7 access to free virtual consultations with medical experts, a crucial feature in a country with a vast population and diverse medical needs. Furthermore, Loop Health has a strong focus on comprehensive care, as evidenced by its 𝐄𝐦𝐩𝐥𝐨𝐲𝐞𝐞 𝐀𝐬𝐬𝐢𝐬𝐭𝐚𝐧𝐜𝐞 𝐏𝐫𝐨𝐠𝐫𝐚𝐦. This program includes focused chronic care for conditions like diabetes, hypertension, maternity, and elder care, thereby addressing some of India's most pressing health concerns. Mental health, often sidelined in traditional healthcare models, is another critical area Loop Health addresses. It designs policy strategies to bolster employee well-being, driving productivity and happiness in the workplace. This is complemented by a health index for personalised care, which involves an in-depth analysis of employees' health data to develop tailored action plans. These offerings underscore Loop Health's commitment to a holistic healthcare approach, aligning with the broader objective of 𝐩𝐫𝐞𝐯𝐞𝐧𝐭𝐢𝐯𝐞 𝐜𝐚𝐫𝐞 𝐨𝐯𝐞𝐫 𝐦𝐞𝐫𝐞 𝐬𝐢𝐜𝐤𝐧𝐞𝐬𝐬 𝐦𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭. Loop Health's role in the healthcare industry is both transformational and expansive. By intertwining technology, data, and medical expertise, it delivers a people-centric healthcare experience designed to enhance longevity and wellness. As India's first Health Assurance company, Loop Health is not just changing the narrative around healthcare in India; it's setting a precedent for how employee health benefits and healthcare systems can evolve to meet the complex and diverse needs of a rapidly changing world. Learn More: https://lnkd.in/ew_KpNJ

🌟 Mastering Healthcare Costs: A Brief Guide to Strategic Management 🩺 In the face of rising healthcare costs, taking control of your medical expenses requires both strategic thinking and a proactive approach. Here’s a guide to navigating this challenge with wisdom and foresight: Deeply Understand Your Health Insurance: Treat your health insurance policy like a guide. It’s crucial to fully understand what’s covered, what’s not, and the intricacies of excesses. Choosing a plan is a critical decision – sometimes, a higher monthly premium but lower excess can be more beneficial, especially for those with ongoing medical needs. Embrace Preventive Care as Essential: Regular check-ups and preventive measures are more than just healthcare routines; they are proactive steps towards long-term well-being. Early detection of health issues is not just cost-saving but also life-preserving. Engage in Thoughtful Price Comparison: Actively seek the best prices for medications and medical services. It’s a quest to find value in a complex market, much like navigating a challenging terrain to find the best path forward. Opt for Generic Medications When Practical: Choosing generic drugs is a strategic decision – they are often equally effective as brand-name drugs but are available at a fraction of the cost. Leverage HSAs and FSAs for Future Savings: View Health Savings Accounts and Flexible Spending Accounts as strategic tools for future financial security. These accounts allow setting aside money, to be spent on your out of pocket healthcare costs. Explore Patient Assistance Programs: Many pharmacutical companies provide assistance programs which can be a valuable resource in managing medication costs. Seeking out these opportunities is a step towards more self-sufficient healthcare management. Commit to a Healthy Lifestyle: A healthy lifestyle is the cornerstone of reducing medical interventions. It’s an empowering strategy that asserts control over your own health and well-being. 🔍 Final Thoughts: Navigating healthcare affordability is like charting a course through a complex system. By being proactive, well-informed, and strategic, you can effectively manage and even reduce your healthcare expenses. 📢 Join the Conversation! Have you employed any of these strategies in your healthcare management? What tips or insights can you share from your experience? Comments below! #HealthcareAffordability #StrategicThinking #HealthcareManagement #ProactiveHealth #CostSaving #FractalPay #FamilyLoyalty #PersonalResponsibility

Personalizing health means personalizing health insurance for patient-members -- learning from the latest HealthEdge research on U.S. health consumers enrolled in health plans. In today's Health Populi blog, I discuss the insights gleaned from this year's HealthEdge study on health consumers' perspectives on their health plan experience, noting a few key shifts comparing 2023 to the 2019 results....especially peoples' growing demand to be channeled and supported to access to providers who offer care based on "my" preferences and personal traits.... It's all about values and value, with people engaging in more self-care but also demanding support from health plans and health industry stakeholder organizations along the journey. In the Hot Points, I revisit an insightful Accenture report from one year ago on "The Human Paradox" -- with the key finding, "People are prioritizing themselves...they want to follow their values, but not at the expense of value." #healthinsurance #healthplans #ptexperience #UXhealth #healthcare #ptexp #healthengagement #healthconsumers #healthcitizens cc AHIP CHPA Consumer Technology Association American Hospital Association https://lnkd.in/edzG4yh3

The Journal of Healthcare Management recently spotlighted a Q&A with Rivka Friedman, our Head of Health Care Innovation, focused on how her team is addressing the quality and accessibility challenges that often drive health disparities in employer-sponsored insurance. She emphasizes the importance of taking a consumer-first approach to care for the 180 million Americans who receive health care coverage from their employer. “What is their experience of care? How can we make that care better, easier to get, and more affordable?” Read more insights here: #healthcareinnovation #healthcare