The Connective Tissue of a Health Plan - Planned Administrators Inc
In the latest episode of "Self-Funded with Spencer," host Spencer Smith invites George Stiles, the President and COO of Planned Administrators Inc (PAI), to discuss the transformation of the TPA industry and what makes a good TPA partner.
George shares his journey from claims processor at Blue Cross Blue Shield to his current role at PAI.
The conversation covers topics from data analytics, and direct primary care, to how to navigate the new regulations in transparency. Hear about PAI's reliable data center with top-notch security and where over a billion claims run through every year.
Listen in as Spencer and George provide insight and knowledge on the ever-changing healthcare industry. Listeners will also gain insights into data analytics, the trends in the stop-loss market, and the optimism surrounding the future of healthcare
The dynamic conversation also includes discussions on transparency in healthcare pricing, attracting the next generation of superstars in the industry, and the importance of collaboration between TPAs and brokers
Visit their website, paisc.com, to connect and discover inbound activities as a proof of their successful podcast.
You won't want to miss this engaging episode filled with valuable information and expert insights!
[00:00:09] George Styles' Journey to Providing TPA Services
[00:03:12] The Guest's Journey in Healthcare and Public Policy
[00:06:28] Blue Cross Technical Support and Data Center
[00:09:35] The Benefits of Corporate Entrepreneurship and Third-Party Administrators
[00:15:36] Level funding as a stepping stone
[00:18:32] Challenges and Benefits of Direct Primary Care Expansion
[00:21:46] Quality Healthcare and Medical Expenses Correlation
[00:24:48] The Value of Data Analytics in Employee Benefits Management
[00:27:52] Data Analytics in Self-Funded Healthcare Plans
[00:30:56] The Value of a Trusted TPA Partner
[00:33:48] Stop Loss Marketing Shift
[00:36:59] The Future of Healthcare with ClaimDoc
[00:40:06] Advantages of healthcare transparency
[00:43:05] Nurturing Young Talent and Industry Innovation
[00:46:00] Guest speaker invites listeners for potential partnerships
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