Can Employers Cure a Broken Healthcare Experience?
At TEDMED 2016, our very own Co-Founder and Chief Health Officer Dr. Rajaie Batniji explored how we can empower our employers to create the healthcare experience we all deserve.
In his talk, “What if we could redesign the healthcare experience from scratch?”, Rajaie highlighted some of the biggest shortcomings of our current system:
- While America spends far more on healthcare per person than any other country in the world and has some of the most advanced medical technologies, our outcomes lag behind other developed countries.
- Confusion around navigating and understanding care undermines our clinical advances. In fact, many of us skip essential care because of all the uncertainty that surrounds the process.
How do we fix this? Where is our opportunity?
At Collective Health, we see employers as the opportunity. They are already spending $1 trillion on their people’s healthcare each year—in fact, 93% of Americans with private health insurance are covered through their employer. And 63% are on a self-insured plan, meaning that employers are literally paying for care as people access it, and the insurer is only acting in an administrative role.
Although employers are running their own mini-insurance companies, they don’t have the correct tools to be running it efficiently.
That’s where we step in.
Collective Health rebuilt what wasn’t working, improved on what was, and designed the whole system to work better. And work together. We did it for the companies who want to do health benefits right. For the 170+ million people counting on them for coverage.
Every day, we get to welcome people to a healthcare experience that was designed around people. To an experience that is simple and intuitive. It’s a thrill and an honor to finally impact one of the most daunting challenges facing our country.
Employers are making this system better, and every day we get to work with them, and their people to create the healthcare experience we deserve.
Are you up for the challenge? Join us.
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