How can self-funding change the healthcare landscape for employers and employees alike?
Matt Ohrt, the co-founder of Self Fund Health and author of "Save Your Company," brings nearly 25 years of diverse industry experience to the table. He sheds light on how self-funding can revolutionize employer-driven healthcare. His insights provide a pathway for employers to take control of their healthcare expenses and improve employee benefits.
This episode dives into the intricacies of self-funded healthcare plans, emphasizing their potential to manage rising healthcare costs effectively. Matt Ohrt discusses the importance of educating employees about their healthcare options and the benefits of a patient-centered direct primary care model. The conversation explores the shift from traditional fully insured plans to more flexible self-funded options that can lead to significant cost savings and better health outcomes.
Key Takeaways:
📘 Educational Empowerment: Educating employees about self-funding enables informed decision-making and fosters cost-saving measures.
🌍 Strategic Self-Funding: Self-funding allows employers to manage healthcare costs more actively, offering potential savings and enhanced control over health benefits.
🛡 The Role of Stop-Loss Insurance: Understanding stop-loss coverage is crucial as it protects against high claims, a key component in self-funding.
🏥 Advantages of Direct Primary Care: This model enhances access to healthcare by allowing direct interactions with healthcare providers, leading to improved health outcomes.
💰 Cost-Effectiveness: Focusing on preventive care and effective management can reduce healthcare expenses.
Quotes from Matt Ohrt:
How to Reach Matt:
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