Tony Miller | Bind On Demand Health Insurance

06/11/2018 53 min Episodio 39
Tony Miller | Bind On Demand Health Insurance

Listen "Tony Miller | Bind On Demand Health Insurance"

Episode Synopsis

Topics:

On-Demand Health Insurance
Consumerism
Clinical Care Paths
Aligned Incentives
Cost Savings
Dynamic Copays
Price Transparency

In this episode, Michael introduces you to Tony Miller, Co-founder and CEO of Bind On Demand Health Insurance. Join us as we discuss how Bind provides an innovative platform to address some of the deficiencies in traditional insurance products and makes health insurance easy, affordable and flexible for consumers.  
Here’s a glance at what we discuss in this episode:

Tony’s serial health care entrepreneurial experience and what inspired him to launch Bind
Why our healthcare delivery system is broken and value-based reimbursement may not be the solution
How Bind arms consumers with the tools they need to make appropriate cost and quality decisions regarding their healthcare.
Bind’s unique Core and Buy-Up plan structure
How the “smart” copay structure within Bind compares to traditional insurance copay structures and deductibles/co-insurance
How Bind incorporates a quality metric into a treatment care path with a dollar incentive through the dynamic copay structure for consumers to access
How Bind aligns incentives for consumers and physicians while redefining reimbursement models
Why  condition management programs should originate with the physician
How Bind provides consumers with tools to empower them with price certainty for medical & pharmacy services
How Bind has created a shared savings model with all stakeholders, including plan sponsors and consumers, to target and eliminate waste in the system
How the additional premium for buy-up services is financed in a tax efficient way
Bind’s unique dynamic member experience through their concierge team and mobile application
Examples of member engagement and why on average 55% of enrollees have utilized the app
Why Bind encourages their on-demand health insurance as an option paired with an employer’s legacy insurance plan
Exciting new horizons for Bind and interest in expanding to Medicare, Medicaid, and individual market
Who Bind is a good fit for
Bind’s website and contact information