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| Robert Kolodgy, Senior Vice President and Chief Financial Officer, Blue Cross Blue Shield Association and a speaker at the marcus evans CFO Summit XXIX Fall 2014, on empowering employees to be more accountable for their healthcare. |
NEW YORK, N.Y., Nov 5, 2014 - (ACN Newswire) - Employers, insurers and physicians can do much more to educate and empower employees to make healthier lifestyle choices, according to Robert Kolodgy, Senior Vice President and Chief Financial Officer, Blue Cross Blue Shield Association. As employees share more of the costs of their care, educational tools and reliable data should be made available to help them take on greater accountability for their healthcare choices, he believes.
A speaker at the marcus evans CFO Summit XXIX Fall 2014, in Las Vegas, Nevada, November 13-15, Kolodgy addresses some of the healthcare issues that Chief Financial Officers (CFOs) are dealing with today.
- With the first phase of the Affordable Care Act implemented, what are the next steps employers need to address when it comes to healthcare?
Healthcare reform has helped to provide greater access to care, but we still need to reform a system that costs Americans - employers and consumers alike - USD 2.8 trillion a year.
Thankfully, employers can increasingly partake in - and help further promote - innovations that aim to change that equation, including new models that place the patient at the center of care and reward doctors and hospitals not for the volume of care they provide, but rather for the quality and outcomes they deliver.
Moreover, as employees share more of the costs of their care, these patient-centered, value-based models resonate with workers who are being asked to take on greater accountability for their health and healthcare.
- What approaches do you recommend to empower consumers/employees?
As employees are asked to bear greater responsibility for their healthcare decision-making, employers can leverage trusted cost and quality information, combined with tools and programs, to educate and empower their workers to make healthier lifestyle choices and more informed decisions about their care.
In doing so, they can transform their relationship with employees from that of sponsor and beneficiary to true partner in creating and maintaining a culture of health in the workplace - and a healthy and productive workforce.
- If you were to give one message to CFOs, what would that be?
Accountability on the part of all parties is key to driving success. Today's economic reality and consumer expectations spell greater accountability for employees to take better care of themselves and their dependents, and to make more informed, value-driven decisions about their healthcare.
In turn, as employees take on greater ownership of their healthcare, employers, insurers and physicians need to deliver on their part of the bargain, with incentive rewards, educational tools and programs that effectively engage and empower workers to make the right choices. And finally, with a plethora of third-party vendors attempting to fill the fast-increasing demand for decision-support solutions that work, employers need to do their due diligence and hold their vendor-partners accountable for the promises they make.
About the CFO Summit XXIX Fall 2014
The CFO Summit XXIX is the premium forum bringing senior finance executives and solution providers together. The Summit offers service providers and CFOs an intimate environment for a focused discussion of key new drivers shaping the future of the industry. Taking place at the Red Rock Casino, Resort & Spa, Las Vegas, Nevada, November 13-15, 2014, the Summit includes presentation on Cyber Security, Talent Development, Emerging Markets, and Controlling Spending and Driving Growth.
For more information please send an email to press@marcusevanscy.com or visit the event website at www.cfosummits.com/RobertKolodgyInterview
marcus evans group - finance/insurance sector portal - www.marcusevans.com/reviews/finance
The Finance Network - marcus evans Summits group delivers peer-to-peer information on strategic matters, professional trends and breakthrough innovations.
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Please note that the Summit is a closed business event and the number of participants strictly limited.
Contact:
Sarin Kouyoumdjian-Gurunlian
Press Manager, marcus evans, Summits Division
Tel: + 357 22 849 313
Email: press@marcusevanscy.com
Topic: Trade Show or Conference
Source: marcus evans Summits
Sectors: Daily Finance, Daily News
http://www.acnnewswire.com
From the Asia Corporate News Network
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