Abstract The author is the CEO of Health Compass Consulting and a Senior Advisor at the Validation Institute. He contends that corporate healthcare spending “is one of the few places where the interests of the shareholder and the employee are not competing; they are perfectly aligned.” The ecosystem around healthcare costs is opaque and frustrating, leading to a waste of money. As healthcare premiums have gone up significantly, he says corporations shifted costs to deal with these rises. However: “The result is a workforce that is technically insured but functionally vulnerable.” He describes what he terms “an Inertia Trap built on three specific blind spots.” The three are (in his words, and described in further detail in the article) (1). The awareness gap (2). The authority gap (the regulatory myth) (3). The roadmap gap (the legacy blind spot). He further describes what he calls the Fiduciary Imperative, “the conscious decision to stop treating healthcare as a fixed cost managed by insurance brokers, and start treating it as a supply chain managed by company leadership.” The need for change is clear: “The most conservative data shows that 25% of healthcare spending is “wasted”—money that does not buy care, improve outcomes, or extend lives.”
Donovan Pyle (Thu,) studied this question.