Sep 23, 2020
In this episode, we explore what is going on with our health care system. Increasing costs. Hidden prices. Frustrated patients and providers.
We discuss the possibility that health care costs are stealing away the American dream.
Our guest is Dave Chase. Dave leads the vision for Health Rosetta -which is to empower community-owned health plans.
We have five mantras from the show:
Mantra #1: Get empowered as a consumer in this irrational and overwhelming healthcare industry.
Mantra #2: Consider cash pay for medical procedures as the cost may be less than going through insurance.
Mantra #3: Employers can get better results for lower prices by working with the right advisors.
Mantra #4: Don’t pay cadillac prices for a “pinto” product/service.
Mantra #5: Go LOCAL:
Learn how to be liberated from the status quo
Optimize health plan infrastructure
Carve our Pharmacy Benefit Manager (PBM)
Add value-based primary care
Leave behind value extracting PPO networks
Interesting data points from the interview:
1. Healthcare itself isn't expensive (clinicians only receive $0.27 of every $1 ostensibly spent on healthcare). What's expensive is profiteering, price-gouging, and misaligned incentives
2. Business owners can spend 20-40% of current spending on health benefits and get superior health outcomes by following a more “grassroots” approach (see LOCAL, above).
3. COVID-19 is accelerating the process of health being relocalized, similar to how the local/healthy food movement greatly improved the health of families and the livelihoods of farmers.
More about Dave Chase
Chase leads the vision for Health Rosetta which is to empower community-owned health plans. Health Rosetta’s blueprint and platform powers the health plans of your dreams: high quality, trustworthy, local, affordable care -- that you thought had disappeared forever -- from caregivers we know & trust. We free up compassionate, well-trained, community-based caregivers to rediscover love in medicine so they can do what they have always been called to do: serve their patients not just in disease, but toward their fullest health. A trusted & sacred caregiver-patient bond is built through transparency & openness that equips and empowers patients wherever they can best achieve their unique health goals -- at home or any setting best optimizing their well-being. By avoiding the 50% wasted healthcare spending, we can ensure our caregivers have the independence & resources to address the psychosocial and medical issues their patients face. Human-centered health plans restore health, hope & well-being.
Through best-selling books & The Resident (on FOX), where Chase serves as a consultant, collateral damage from the Extractive Era of healthcare is highlighted as well as the tremendous successes & opportunities with Health Rosetta-type health plans. The books, writing for various media outlets, TED talk and TV/film have reached over 10 million people with the goal of informing, enraging, empowering and activating a broad grassroots movement designed to restore hope, health & well-being to our communities. Chase received the Health Value Awards' Lifetime Achievement for Health Benefits Innovation at the 2020 World Health Care Congress.
Chase co-founded Avado which was acquired by & integrated into WebMD/Medscape and founded Microsoft's $2B, 28,000 partner healthcare ecosystem.
Outside of work, Chase is an oxygen-fueled mountain athlete and volunteer high school track & cross country coach. Once upon a time, Chase was a PAC-12 800 Meter & 4x400 competitor. Most importantly, devotion to faith, family and friends underpin a desire to be a servant leader to the 4 million lives (& growing) stewarded through the Health Rosetta community.
www.healthrosetta.org (please see Dave’s books at the site)