As employers begin to back away from high-deductible health plans, they are exploring innovative strategies designed to rein in unsustainable healthcare claim costs and improve the employee experience at the same time. One of those strategies is healthcare advocacy, which aims to help individuals and families navigate and optimize their use of healthcare, improving both health and financial outcomes.
But how can employers be sure advocacy is an effective solution? Can it really help control claim costs and increase satisfaction?
Join Accolade's Chief Actuary Carolyn Young and Senior Vice President of Business Development Matt Eurey for a discussion of the results of an independent, rigorous study of two employer groups that adopted healthcare advocacy. Designed and conducted by global professional services firm Aon, the study analyzes the healthcare claim costs of two employers using Accolade's personalized advocacy from 2014 to 2016 compared to the results of typical employers during this time period.
Tune in to learn:
- The impact of personalized advocacy on employer costs – how much was saved and where cost savings occur across the employee population
- How personalized advocacy affects employer medical and Rx claim costs over time
- Why a whole-population, whole-person approach to employee healthcare is critical to controlling costs and bending the medical cost trend
- How employers can avoid placing more cost burdens on employees and improve their healthcare experience
About the Speakers
Matt Eurey, Senior Vice President, Business Development, Accolade
In his role as Senior Vice President of Business Development with Accolade, Matt Eurey is responsible for Accolade's strategic relationships with health plans, third-party administrators, consultants, brokers, and technology partners.
Matt was formerly Vice President of Total Rewards at Lowe's, where he was responsible for strategy development, plan design, financial and cost management, compliance and statutory oversight, vendor management, and reporting for the Lowe's rewards programs, including compensation, health and welfare, retirement, recognition, and severance plans.
Prior to joining Lowe's, Matt served as the Vice President of Benefits for Time Warner Cable, where he oversaw the health, welfare, retirement, and severance programs for 55,000 employees and an annual spend of $800 million while also playing an active role with mergers and acquisitions.
Carolyn Young, Chief Actuary, Accolade
Before taking on her current role as Chief Actuary with Accolade, Carolyn Young spent nine years at Independence Blue Cross, where she oversaw the Medical Cost Analysis and Trend Forecasting unit and created a best-in-class approach to addressing medical cost variances. She also spent ten years at Cigna in a variety of actuarial roles. Carolyn is a Fellow of the Society of Actuaries and a Member of the American Academy of Actuaries.
About the Moderator
Joe Fleischer, Editorial Director, Finance Channel, Argyle Executive Forum
In his role as finance channel editorial director with Argyle Executive Forum, Joe Fleischer focuses on developing virtual events on topics that reflect the primary concerns and priorities of senior finance executives. He is based in New York.