Neil Goldfarb Previews the 2023 GPBCH Annual Convention

Neil Goldfarb, president and chief government officer of the Better Philadelphia Enterprise Coalition on Well being (GPBCH), provides a preview of what attendees can anticipate on the 2023 GPBCH Annual Conference.

Transcript

Are you able to talk about the theme of this yr’s GPBCH Annual Convention?

The theme of this yr’s annual convention is “Driving Towards Worth: Step on the Gasoline!” and the thought of it’s that we have come out of the pandemic, which actually consumed numerous employers’ consideration, understandably. And it is now time to get again to the enterprise of fascinated about the way to drive worth from our profit spend, and what can we do to essentially speed up the speed of change? So it is all concerning the employer getting within the driver’s seat and beginning to consider what they will accomplish with their very own market energy and in collaboration with different employers to create the next performing well being care system to create a more healthy inhabitants for themselves of their communities. And actually, on the finish of the day, to get higher worth from their vital spending on well being advantages.

What can attendees anticipate from the in-person assembly this yr?

We have lined up some actually nice nationwide and native audio system to attempt to energize employers and have the attendees, notably the employers, come away with particular methods that they will implement. So we’re beginning the day with Dr. Mark Fendrick from the Worth-based Insurance coverage Design Heart on the College of Michigan. Dr. Fendrick has addressed our coalition prior to now, however not just lately. His focus is at all times on the way to redesign advantages to get better worth. What can we do to enhance protection for high-value companies, and possibly even cease overlaying or create larger boundaries to low-value companies? That is actually necessary, particularly now, as a result of after we discuss value-based insurance coverage design, we’re additionally speaking about well being fairness, and employers all are targeted on what can we do to drive fairness and well being fairness. And a technique we will do that’s to make it possible for folks can afford their advantages, and that there aren’t monetary boundaries to getting the required care or the required medication.

We’ve one other speaker, Paul Fronstin, from the Worker Advantages Analysis Institute, backing Dr. Fendrick’s work up with new analysis proof that exhibits what occurs when copays are vital, or when folks cannot afford their out-of-pocket funds. So we’re actually enthusiastic about placing worth and profit design into an fairness lens and saying, “If we actually, as a group of employers, care about fairness, we have to revisit how we’re designing our advantages.”

One other speaker that we’ve, we’ve a few nice panels. One among them is all about major care. We all know that major care is absolutely the cornerstone to a extremely efficient, well-functioning, environment friendly well being care system. So what are the boundaries to all people having a major care relationship? What can we as employers do to drive and foster high-quality major care? We even have a session on managing the pharmacy finances, (as) pharmacy prices hold rising. Employers are very involved about their rising pharmacy budgets. So there are issues that employers can do from a profit design standpoint, from a shopper schooling standpoint, fascinated about the distributors they’re working with, to drive higher worth from their pharmacy profit spend. And we hope that the attendees will come away with some particular concepts.