Health Reform Update with Alex Tolbert Health Reform Update with Alex Tolbert

By Casey Briody on June 11, 2014

Alex Tolbert, founder of Bernard Health joined the Williamson County Chamber of Commerce and business leaders at E|SPACES Cool Springs this past Friday to share an update on health reform. Alex Tolbert gave the rundown on what’s to come in the world of healthcare and how individuals can benefit from the current healthcare opportunities.

Alex walked the group through the past, present and future of healthcare. He stated “the bottom line is that everyone is pretty unhappy with the current healthcare system; no one gets joy from the group healthcare process where the plan is a one-size-fits-all model (fee for service).” What we must keep in mind is that the customer is changing, this movement has already begun and we need to alter our plans to fit our changing needs.

In our current system, one of the biggest issues is that employers get stuck in the middle of healthcare dysfunction. Employers are getting blamed for the poor plans and doctors are getting blamed for the long wait times.  According to Alex, “we are all trapped” in the world of healthcare plans, but there is a solution.

In the past we saw the government, carriers and employers as the primary buyers, but this will no longer be the case. Alex says “it’s going to be regular people now rather than the government and employers.” Alex went into detail about a new healthcare structure that many employers are trying. Instead of providing specific healthcare plans and benefits to employees, he suggests that employers pay employees a certain amount of money each month to cover their healthcare costs. This allows each employee to choose a healthcare plan that best suits their needs and lifestyle.

For those who are looking for the freedom to choose, this is it. Individuals can find what is best for them rather than what is best for the group. This is a chance for people to look at better business models, allowing more responsibility over healthcare dollars. We are now able to take matters into our own hands. Alex concluded by sharing a few steps, he suggested need to be taken by all parties moving forward.

  • Employers: take the steps to free self/employees from the group trap
  • Consumers: say no to one size fits all plans, and get better healthcare by rewarding high-value providers
  • Providers: Take steps toward the right business model for your new customers

We may all be “trapped”, but Alex shed light on the opportunity we have as individuals to climb out of this trap by eliminating the “one-size-fits-all” concept. Doing so will allow individuals to choose what is best for them while adding value, which is something we can all agree on.

TAGS: Business StrategyHealthcare

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