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The Pulse by Vital InciteAuthor: Vital Incite
This series was developed to bring together nationally recognized subject matter experts from the health and pharmacy industry as well as top academic and research institutions. Our goal is to provide unbiased information and offer scalable strategies that give you clarity amid the chaos and provide answers to your most burning questions. Language: en-us Genres: Business, Management Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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The $81 Billion Toll of Substance Use Disorders on the Workplace: Employer Strategies for Cost Effective Care and Treatment
Episode 6
Wednesday, 20 November, 2024
Substance use disorders related to alcohol and drug addiction are having a heavy emotional and financial toll on the workplace. It’s estimated that addiction costs employers upwards of $81 billion per year and employers struggle with how to provide the correct care. Finding in-network providers is challenging and health plans are paying a significant amount in out of network fees and “Shared Savings” that the carrier then takes.Tune into this episode of The Pulse as we examine the health plan impacts of substance abuse, including uncovering why so many facilities are not in network, what the carriers’ role is in this issue and how employers can create better strategies.Panelists will discuss:The advantages and disadvantages of an addiction treatment center setting up in-network contracts.How the laws related to Mental Health Parity influence employers and health plan decisions.How claims for these services are handled when out of network and who may be winning in that negotiation. How employers can improve their strategy to supporting the needs of their plan members This episode includes guest speakers:Tim Clement, VP of Federal Government Affairs at Mental Health America.Chris Deacon, JD, Principal/Founder VerSan ConsultingDamon Eisenbrey, Partner, Arnall Golden Gregory LLPKirsten Suto Seckler, Chief Marketing & Communications Officer at Shatterproof
