Andy NearyI help insurance professionals turn brand awareness into business growth.

SOTSQ Episode 18: Manage Risk, Not Insurance Part 3

19 Sept 2018 · 1 min

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This is a short transcript of SOTSQ Episode 18 (Manage Risk, Not Insurance Part 3) featuring Andy Neary and a second speaker. The episode reviews prior episodes on financing risk and catastrophic risk, then focuses on health-care purchasing risk: employees often use the benefit like an "unlimited company credit card," ignoring price/quality, and employers should actively steer them to high-quality, low-price providers and reward that behavior (making access free). The hosts claim doing so benefits employees' wallets and employers' bottom line and end with a share/request CTA.

Chapters

Alright.
Two weeks ago we addressed the first.
Area of risk you need to manage and that's financing risk. How are you financing your health plan? Last week we talked.
About catastrophic risk.
What are you doing to help those that need the most help inside your health plan? This week we're going to hit upon the third area of risk you need to manage and that's.
Health care purchasing risk. How are you helping.
Your employees access high quality.
Care at low prices? You don't realize.
It, but right now.
Your employees.
Are navigating the health care system with this unlimited company credit card, going wherever they want and spending whatever they want. And you're relying on the insurance company to control those costs through their network discounts. And it's just not happening. However, when you take things into your hands and you put in effective risk management strategies that help your employees access that high quality care at low prices and then you reward them by making that access free, you're not only going to put money back in your employees.
Wallets, you're.
Going to add money back to your bottom line. Now if you're finding these tips beneficial, please share with others you also think would benefit from them. And until next time, bear down, focus on the target and.
Strike out the status quo.