Suzanne Delbanco talks with David Vivero, CEO and Co-Founder of Amino Health. A self-described “product guy,” David Vivero shares his view on where price transparency can make the biggest impact for patients and plan sponsors in the commercial health care market.
Rhode Island established a cost growth benchmarking process to bring greater transparency to the market in 2018. The state also has a first-in-the-nation regulation that caps annual growth in prices paid by commercial health plans, established in 2010.
Instead of operating in a transparent arena with defined rules, employers and their contracted partners are struggling to determine who owns which data and how and when it can be shared to inform, operate, and evaluate health benefits programs.
“Are there opportunities to steer to a quality provider or facility down the street? If we can’t do that with the data, then we’re not serving the interest of our employers and their employees and getting them the health care that they need.” – Thi Montavlo, Willis Towers Watson
