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Welcome to the Empowered Patient Podcast with Karen Jagoda.  This show is a window into the latest innovations in applying generative AI, novel therapeutics and vaccines, and the changing dynamics in the medical and healthcare environment. One focus is on how providers, pharmaceutical companies, and payers are empowering patients.  In addition, conversations are often about how providers, care facilities, pharmaceutical companies, and payers are being empowered by technology to improve patient outcomes and reduce friction across the healthcare landscape.

Popular Topics

  • Virtual and digital health
  • Use of AI, ML, and LLM in healthcare and drug discovery, development, trials
  • Value-based healthcare 
  • Precision and stratified medicine
  • Integration of digital technology into existing workflow and procedures 
  • Next-generation immuno, cell, and gene therapies
  • Vaccines
  • Biomarkers, sequencing, and imaging
  • Rare diseases
  • MedTech and medical devices
  • Clinical trials
  • Addressing Social Determinants of Health
  • Treating chronic conditions like obesity and pain
  • Clinician and staff burnout

The audience includes life science leaders, researchers, medical professionals, patient advocates, digital health entrepreneurs, patients, caregivers, healthcare solution providers, students, journalists, and investors. 

 

Check out our new EmpoweredPatient.Solutions site where you can quickly search all of the Empowered Patient Podcast interviews by any word or phrase to identify useful resources, potential partners, and insights about the life sciences landscape.

Empowered Patient Solutions

Feb 14, 2023

Wally Gomaa, the Co-Founder of SimplePay Health, provides employer-sponsored health insurance plans that bring price certainty to patients. The plan aligns lower costs with higher quality care, giving the individual transparency about the best providers in their community and out-of-pocket cost, which motivates them to choose higher quality care. 

Wally explains, "If you think about what we're doing, we are simplifying the payment model and the plan design model not only to create a better experience. Health insurance is the most complicated industry on the planet. We're using insurance simplification to naturally self-motivate individuals to choose higher-quality providers on their own by getting rid of the complexity of the plan design. Giving the patient member, the plan participant, whatever name we're going to give it, a price out-of-pocket for every covered service before they go."

"We make our model available on a national level in partnership with Aetna and their TPA company Meritain. And partnering with a Fortune four organization of their size and scope allows us to have legs and reach anywhere we want to in the country."

"The result is not only better affordability, but more importantly, we're getting individuals connected with the best providers in their community and extending the quantity and quality of people's lives. We do find ourselves on the mission of being the life preservation company. We want to get people the best care that extends the quality and the quantity of their lives. And we use insurance simplification to be able to get there. "

#SimplePayHealth #HealthInsurance #HealthcareInsurance #PriceTransparency #QualityTransparency #EmployerSponsoredHealthInsurance

simplepayhealth.com

Download the transcript here

SimplePay