This book is about employer health plans and everyone who swims in that pond. It is a rare and valuable resource to help employers, advisors, direct primary care practices, direct specialty care practices, hospitals, networks and many others thrive in the model of free market healthcare.
After five consecutive years of nearly double-digit healthcare cost increases (the company’s third largest overall expense), the trend was becoming unsustainable and the future looked bleak.
As the VP of HR, Matt Ohrt decided to try to do something about it. Over the next 6 years, Matt led Merrill Steel on a journey to transform their health plan and save the company and employees millions of dollars in healthcare costs.
Thereafter, Matt studied five other mature healthcare success stories in the state of Wisconsin. He got to know the transformational leaders of each of those stories and he researched their strategies and their methods in depth. Through this research, combined with his first-hand experience and success, he developed The Employer Healthcare Success Formula and published this book. It includes a full education on how the healthcare industry really works, and a step-by-step process for all employers to follow to transform their health plan.
So many healthcare industry partners have a profit over patient mindset, which has led to record profits for the healthcare industry, and it has left employers and employees holding the exorbitant bills. One of the side effects of a major illness should not be financial bankruptcy! But that is exactly what has happened. Two thirds of the bankruptcies in America are related to healthcare, and three out of four of those families had health insurance, or at least a fancy looking insurance card in their wallet.
By adopting free market principles for their health plan – a philosophy they already follow for everything else, companies can enable members to shop for healthcare and to be wise consumers of needed healthcare services and put the “care” back in healthcare. The strategy is a win for employers, a win for employees, and it gets stronger with time.
By following The Employer Healthcare Success Formula, you can save your company by not feeding the healthcare industry beast that is trying to eat you, and you can transform your health plan to be a positive topic in your company, once again.
