Tim Isenhower, Director of Benefits – has worked with HSM and their self-insured health insurance for the past 26 years. Managing a self-insured health plan through the 90’s to today has provided him the opportunity to think out of the box for reduced healthcare cost programs including direct contracting, on site clinics, chronic disease management, and medical tourism. With IndUShealth, Tim and HSM were pioneers in self-insured companies offering medical tourism, as was presented on ABC News and Nightline.
Please briefly describe your company and its contribution to an innovative and disruptive health, wellness, benefits and/or insurance industry?
We are a manufacturing company with 2,500 employees and locations in 16 states. HSM pioneered the first successful and robust corporate sponsored medical travel program to India, Costa Rica, Cayman Islands and Cancun since 2008. We have developed over time a cost effective self insured medical program utilizing direct contracting, concentrated chronic disease management programs (specifically diabetes, asthma, obesity, on site clinics and financial incentives/disincentives.
How long have you been involved in the industry?
How have your previous roles lead you to your current position and where do you see your next big move within your company to serve as an agent of change?
Continue the flow of new ideas – implementing online PT, and pay for performance.
What do you see as the most disruptive innovation in healthcare, benefits, well-being or technology to be today and what do you see around the corner?
The ever increasing cost of healthcare. Hospitals buying local practices and increasing cost as a result, directing care and government intervention. We will continue to look for ways to serve our employees health needs including domestic and international medical travel, including RX.
What, in your opinion, is the largest obstacle facing employers today? What do you believe is the number one solution (if you had to choose one) to overcome that obstacle? What has your company done to incorporate this solution today? What is your long-term solution to tackle this challenge?
Again, ever increasing cost. Our directs Medicare based priced direct contracts create competition, as does the global program.
How do you envision the future of healthcare five years from now? Ten years from now?
5 years from now – not much change
10 years – maybe single payer system
What are three things you do each day to improve your own health and well-being?
Swim 1.5 miles (4 days a week)
Sleep at least 8 hrs and eat healthy
I have a sitting job, but a stand up desk
What is the most recent innovative or even “crazy” thing you have done to improve your health or well-being?
Free colonoscopies and imaging as controlled through on site clinics and through low cost direct pay contracts. While well colonoscopies are covered at 100% under ACA, a polyp found results in deductibles. Sending high cost Rx patients out of the country for supplies.
What is the best piece of advice you have ever received that you would pass along to others just entering the industry?
Remove barriers to healthcare for our employees – free clinics, Rx’s for certain disease states.
Do you utilize health and/or wellness apps and if so what are your top three?
Real Appeal weight loss program
UltiPro enrollment modules
Healthstat patient portal