A Pathway to Healthier Living
August 29, 2024
In this episode of the Health & Wealth Power Hour, host Harlon Pickett is joined by Sally Pace, CEO of Connect Healthcare Collaboration, who shares her expertise on the crucial role of HR in educating employees about healthcare plans and the increasingly litigious environment for employers who fail to be fiduciary in their benefit offerings.
Harlon and Sally explore the importance of transparent healthcare spending, the critical need for incentivizing smart healthcare choices, and the innovative methods companies can use to truly engage their employees—ranging from traditional marketing tactics to tech-driven solutions.
Key Points
- Potential lawsuits for companies not providing high-cost benefits fiduciary
- Importance of explaining healthcare decisions and cost containment to employees
- Hospital system incentivizing use of their own healthcare services without explaining cost-saving benefits
- Purpose and goals of Connect Healthcare Collaboration (CHC)
- Treating healthcare spending like family finances
- Impact of direct primary care on health outcomes and costs
- Importance of simplifying healthcare terminology and decision-making