Save Your Company, Don't Feed the Beast: The Employer Healthcare Success Formula - Ohrt, Matt R.
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After five consecutive years of nearly double-digit cost increases to the health plan (the company's third largest overall expense) the trend was becoming unsustainable, and the future looked bleak. Motivated into action by a traumatic near-death hospital experience, with the wholehearted support of company ownership, Matt led Merrill Steel to embark on a journey to transform their health plan and save the company and employees millions of dollars of healthcare costs. Thereafter, Matt began to study five other mature healthcare success stories in the state of Wisconsin. He got to know the…mehr

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After five consecutive years of nearly double-digit cost increases to the health plan (the company's third largest overall expense) the trend was becoming unsustainable, and the future looked bleak. Motivated into action by a traumatic near-death hospital experience, with the wholehearted support of company ownership, Matt led Merrill Steel to embark on a journey to transform their health plan and save the company and employees millions of dollars of healthcare costs. Thereafter, Matt began to study five other mature healthcare success stories in the state of Wisconsin. He got to know the transformational leaders of each of those stories and he researched their strategies and their methods in depth. Through this research, combined with his first-hand experience, he developed The Employer Healthcare Success Formula and published this book. It includes a full education on how the healthcare industry really works, and a step-by-step process for all employers to follow to transform their health plan. So many healthcare industry partners have a profit over patient mindset, which has led to record profits for the healthcare industry, and it has left employers and employees holding the exorbitant bills. One of the side effects of a major illness should not be financial bankruptcy! But that is exactly what has happened. Two thirds of the bankruptcies in America are related to healthcare, and three out of four of those families had health insurance, or at least a fancy looking insurance card in their wallet. By adopting free market principles for their health plan - a philosophy they already follow for everything else, companies can enable members to shop for healthcare and to be wise consumers of needed healthcare services and put the "care" back in healthcare. The strategy is a win for employers, a win for employees, and it gets stronger with time. By following The Employer Healthcare Success Formula, you can save your company by not feeding the healthcare industry beast that is trying to eat you, and you can transform your health plan to be a positive topic in your company, once again.
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