Summary

In this episode, Evan J. Cholfin interviews Laura Owen, founder and CEO of Healthy ID, who discusses innovative approaches to making specialty medications affordable and transforming employee healthcare. Laura shares insights on the rising costs of healthcare, the importance of medication compliance, and the role of education in helping employers manage their healthcare expenses. She also highlights the development of an AI health coach and the significance of lifestyle changes in addressing chronic illnesses. The conversation concludes with a look at trends in healthcare and the future of employer-sponsored health plans.

Takeaways

Healthy ID aims to save employers up to 60% on specialty medications.
Rising healthcare costs are a significant burden for employers and employees.
Medication compliance is crucial for reducing hospitalizations and improving health outcomes.
Healthy ID provides educational resources at no cost to employers.
The AI health coach will help individuals set health goals and achieve sustainable changes.
Self-funded health plans are becoming increasingly popular among employers.
Many employers are unaware of the true costs of their pharmacy expenses.
Healthy ID partners with existing insurance providers to enhance their programs.
Lifestyle changes can reverse chronic illnesses and improve overall health.
The future of healthcare requires a shift in how we view food and medication.

Sound Bites

"We created a path for employers to save 60%."
"The insurance providers like our program."
"The AI health coach will be a game changer."

Chapters

00:00 Introduction to Healthy ID and Its Mission
02:31 Innovative Approach to Prescription Savings
06:39 Transforming Employee Healthcare
10:31 Challenges in the Employee Benefits Space
14:19 The Role of Education in Healthcare Costs
18:00 The Importance of Lifestyle Changes
22:07 Future Trends in Healthcare
26:57 The Evolution of Employer-Sponsored Healthcare

Full Video Here: https://youtu.be/L4twI1cwUvg