Helping Plan Sponsors Meet Their Fiduciary Responsibilities And Unleash True Consumerism Into Health Care With Mark Galvin

Benefits with Friends - The Rise of the American Healthcare Consumer

Employers have a tremendous opportunity to take control of health care spending with the incredible growth of technology in the healthcare space. The recent legislation also increases the fiduciary responsibility of plan sponsors, and companies like Talon can unleash actionable data like never before. In this episode, Lou and Mark Galvin discuss healthcare's challenges, opportunities, and future. The day the Transparency in Coverage Rule was finalized, most existing healthcare price transparency tools became obsolete. Legacy tools with legacy architectures become non-compliant when real prices and patient out-of-pocket responsibilities must be displayed rapidly and accurately to comply with the Rule. It is, therefore, necessary to partner with TALON to provide accurate negotiated rates to the consumer in a fully individualized user experience that supports consumers' essential information needs when healthcare purchase decisions are being considered and made. Join Mark and Lou in this conversation to find out more.