Leveraging Data and Maximizing Value for Employees (Feat: Candace Jodice)
Description
On the latest episode of Broken Benefits, we're thrilled to welcome a true expert at her craft. Candace Jodice, Former CVS Health Executive, brings over 20 years experience managing a health plan of over 300,000 people and expenditures in excess of $4 billion annually.
We dive into the intricacies of managing benefits inside of a PBM, as well as the importance behind leveraging the data to generate the highest level of value for those inside a health plan.
Enjoy!
Chapters:
0:00 - Cold open
1:48 - Welcoming Candace Jodice to the show
4:49 - How contracts are structured when you're essentially negotiating with yourself
8:28 - How do you become an educated consumer of medical care
13:19 - Being able to see new products and programs coming about before others
21:28 - Dealing with a situation when 'everyone is an expert'
27:42 - How Candace measured if her benefits were being appreciated or enjoyed
32:17 - The importance of flexibility within your health plan
40:11 - The market optimization strategy that Candace leveraged
44:50 - Analyzing your data and drawing important details
48:19 - Advice to a new benefits leader to make a quick impact
52:20 - How to connect with Candace online
53:00 - Closing remarks
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