The Employer Perspective On Self-Funding (with Stephanie Koch)

The Employer Perspective On Self-Funding (with Stephanie Koch)

This week, Stephanie Koch joined the show to share what it was like to work in benefits and HR in a fully funded company before moving to one that self-funds. Tune into the conversation using the links below:

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?“It's the second largest line item that a company has, but they will stroke a check every month for a fully insured program without having data to support what those costs are for.” - Stephanie Koch

I invited Stephanie on to hear the employer perspective on the industry, but ended up getting so much more, as she’s truly on the cutting edge of healthcare benefits for her company Hendry Marine. We discussed what it’s like to deal with Reference-Based Pricing as an employer, why mobile clinics save lives and are crucial to self-funded plans, and why it’s so important to seek out nontraditional healthcare solutions in the current market.?

No matter what aspect of our industry you work in, everything we do is for employers and employees, and there’s so much insight to gain from forward-thinking benefits managers like Stephanie.?

Chapters:

00:00:00 Meet Stephanie Koch

00:01:36 Empowering Employers in Self-Funded Healthcare Systems

00:12:37 Challenges in Renewing Fully Funded Healthcare

00:32:44 Maximizing Healthcare Savings Through Reference Based Pricing

00:43:13 Evolving RBP Plans for Employee Benefits

00:51:56 Early Detection Incentives Through Preventive Wellness Exams

01:03:07 Strategic Healthcare Partnering for Self-Funding Success

Ben Krambeck

CEO & Chairman of the Board of Directors | BA in Sociology

10 个月

Huge thank you to Stephanie Koch for the support and perspective. Thanks Stephanie!

Trey Williford

Optimizing employee benefits | Privileged to serve others | Seeking leaders ready to fix healthcare and drive real change

10 个月

This was a fantastic episode ??Spencer Smith, CSFS?! So interesting to hear the inside scoop from the HR perspective. Stephanie Koch, SCP-SHRM, SPHR, CHVA you did an amazing job... Thank you both!

?? Frank MICdropper - Self Funded Singing Song Parody Man

Chairman of the Board of Hybrid Healthcare, powered by Walk On Clinic, Inc. The most scalable version of onsite employer primary clinics with virtual care ever created!

10 个月

Watching this on YouTube before the enemy Lobbys google to ban the the top self funding podcast in the country! When does spencer do a podcast with Tom the broker! LOL

I look so serious and a little angry. Darn healthcare!!! ??

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