Navigating the World of High-Cost Healthcare: Effective Strategies and Insights

Healthcare on the Rocks - Employee Benefits with a Twist

Dive into the world of high-cost claimants trends with Janet Young, MD, Clinical Analytics Advisor at Springbuk and one of the authors of the 2024 Employee Health Trends report. The report sheds light on managing those hefty healthcare expenses. Janet describes the journey through the world of healthcare economics, beginning with a breakdown of high-cost claimants into distinct segments, then explaining how those groups differ in their influence on overall healthcare spending. The conversation then turns to the diverse health conditions within these categories, underlining the critical need to grasp these differences for crafting impactful management strategies.

You'll hear about innovative approaches like encouraging regular cancer screenings and leveraging Centers of Excellence for top-notch care and advice, particularly vital in the priciest categories dominated by facility expenses.

What You Will Learn:

• The segmentation of high-cost claimants in healthcare and their impact on total spending
• The importance of understanding the variation in health conditions across different cost categories
• Strategies for managing high-cost claims, including early cancer screenings and leveraging Centers of Excellence

Catch the full conversation.

• Connect with Janet Young on LinkedIn
• Get the complete 2024 Employee Health Trends report and other related resources
• Connect with our co-hosts Jennifer Jones and David Pittman

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Theme music: "Overboard" by Stay Outside