In this episode of Broken Healthcare, I chat with Craig Lack, founder of Catilize Health, as he reveals how companies can slash healthcare costs while offering zero out-of-pocket benefits for employees. Craig shares his journey from competitive athlete to healthcare cost strategist, breaking down Catilize Health’s unique approach of reducing claims frequency and severity through “spousal integrated health reimbursement arrangements” (SIHRA).

[00:00:00] Introduction and Background: Craig opens with his journey from investment to healthcare and his perspective on the healthcare industry’s flaws.
[00:02:00] The Paintball Story: Craig shares his experience coaching a national championship-winning paintball team and how the lessons learned apply to his career and strategy in healthcare.
[00:06:30] Transition to Insurance and Benefits: Craig describes his unexpected path into insurance and how he realized the industry’s potential as a “financial annuity.”
[00:14:00] Founding Catilize Health and Creating Change: Craig explains how Catilize Health came to be and the motivations behind developing cost-cutting solutions.
[00:22:00] The “Spousal Integrated Health Reimbursement Arrangement” (SIHRA): Craig introduces SIHRA and explains how it lowers healthcare costs by reducing claims on company health plans.
[00:30:00] Challenges and Benefits of Implementing SIHRA: Craig and the host discuss the reluctance of companies to change benefits strategies, and Craig outlines how SIHRA benefits both employers and employees with zero out-of-pocket costs.
[00:36:00] Overcoming Resistance to Change: Craig addresses the fear of change among HR and benefits managers, emphasizing the simplicity and effectiveness of Catilize Health’s solution.
[00:45:00] Closing Thoughts on Innovation and Impact: Craig reflects on Catilize Health’s growth and his commitment to reducing healthcare costs for companies nationwide.

With a blend of expertise and memorable paintball stories, Craig shows us how lessons from the field apply to transforming benefits and business strategies. Perfect for CFOs, HR leaders, and anyone fed up with rising healthcare costs!

Visit Craig Lack's social media pages:
Website: https://craiglack.com/
LinkedIn: https://www.linkedin.com/in/craiglack/
Youtube: https://www.youtube.com/user/TheCraiglack 

Learn more about Ray Kober and Broken Healthcare Podcast:
Website: https://brokenhealthcarepodcast.com/
Linkedin: https://www.linkedin.com/in/raykober/
YouTube: https://www.youtube.com/@RayKober
Facebook: https://www.facebook.com/raykob/

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