Go Ahead...Eat the Elephant!

How Do You Change a Broken Industry?

Just like you eat an elephant.? One...Bite...At...A...Time.?

I have been consulting employers on healthcare quality and cost management for two decades.? In that time, I have been presented the same problems over and over...

"We need transparency"

"We need better quality metrics"

"We need more engaged and educated consumers"

"We need more accountability of insurance companies, hospitals and providers."

Guess what...in 2024, the demands are the same!

Instead of getting frustrated and giving up...take a bite.

Go ahead! Take a bite in any way possible.?

Change Starts With Small Actions!

Personally, I've never felt more energized about the topic.? You might not feel it, but I sure do!

We have assembled a team committed to change.? A team of insurance and medical professionals, a team of innovative employers and a team of dedicated consultants...ALL making progress.?

Now instead of one bite, we have hundreds of people taking hundreds of bites.?

These employers, consultants and providers refuse to accept brokenness.?

The collective whole is improving direct primary care, making high cost drugs more affordable, steering patients to providers with a proven track record, and? redistributing profits back to the people!

Celebrate Success

I want to recognize the recent celebration hosted by Berkley Accident and Health (a Berkley Company) .?? Since 2010, Berkley has established itself as one of the premier providers of medical stop loss captive programs.

I won't bore you with the details, but this model permits employers the mechanism to buy insurance more efficiently, share risk more effectively, and reward employers with the winnings/underwriting profits of their hard work.?

In this time, Berkley has returned nearly $300+M of profit and reserve back to employers.? More than 1,000 employers are actively engaged in programs that provide improved access to high quality, more affordable healthcare.

That's a big bite!

The Waymark Collective; Recognized as One of the Best!

At HUB|HORAN, we established the Waymark Collective in 2021.? This program now represents 20 employers and $60+M in healthcare spend.???

Best yet, the Waymark Collective was just recognized as one of the 11 best captive programs in the country in terms of aggregate risk management and outcomes for cost and quality.?

I cannot give this team enough praise for grinding through the phases of ideation, creation, startup and build of an incredible program recognized as "Best-In-Class!" across the country.

Another big bite!

Employers Lead the Change

Three amazing client members are recognized as the best managers of healthcare risk in the country!

Congratulations to Grote Industries Phillips Edison & Company and Haag-Streit USA for earning the RAY (Risk Achievement of the Year) Award for your success in tackling one of the most complex issues in the country...access to high quality and affordable healthcare!?

Bite again!

Eating Elephants isn't for the Faint of Heart

Eating elephants isn't for the faint of heart. It's for those hungry for change.? Willing to try new things.? Steadfast in the fight to protect their employees and their businesses.?

Thank you to all of our employer members for taking a seat at the table of disruption.

Thank you to the Waymark team at HUB International HUB Heartland for digging in.

To all the rest:

There is an elephant on the table.? You better eat it before it eats you.

Dom

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