Summary
In this episode, Sean M Weiss interviews Katy Talento, CEO of All Better Health, discussing her journey in healthcare policy reform, the challenges of navigating the healthcare system, and the importance of price transparency. Katy shares insights from her time in the White House, her approach to firing PBMs to reduce drug spending, and her optimistic outlook on future healthcare reforms.
Takeaways
- All Better Health focuses on building health plans for self-funded employers.
- Prior authorizations can be waived for urgent care needs.
- Firing PBMs can significantly reduce drug spending for employers.
- Price transparency is crucial for competitive healthcare pricing.
- Katy Talento emphasizes the need for fearlessness in healthcare policy.
- The current administration is showing some commitment to price transparency.
- Healthcare legislation is complicated and often misunderstood by lawmakers.
- Katy's experience in the White House provided unique insights into healthcare policy.
- The importance of patient advocacy in navigating healthcare challenges.
- Optimism exists for future healthcare reforms despite current challenges.
Website: https://allbetter.health/
About Katy Talento:
Katy is a licensed health benefits consultant, veteran health care reformer, epidemiologist and thought leader. As the top health advisor at the White House Domestic Policy Council, Katy spearheaded transformative policies to end secret health care prices across the United States, end predatory medical collections practices, lower prescription drug prices, guarantee health records access and interoperability for patients and their care teams, combat the opioid addiction crisis and eliminate domestic HIV/AIDS. She first developed her take-no-prisoners approach to waste and corruption as an oversight investigator and legislative director on Capitol Hill, born of love and duty toward the hardworking American taxpayers.
Katy has traveled the world, holding U.S. foreign aid programs accountable for results, as well as protecting the workforce of multinational energy companies from infectious disease threats. On the faculty of Georgetown University Medical School, Katy managed the school’s participation in a multi-site NIH study. She founded a mentorship program for junior high girls in inner city DC and even served two years as a Catholic nun! Katy earned her graduate degree in Epidemiology from Harvard School of Public Health and an undergraduate degree from the University of Virginia.
Based in northern Virginia, Katy quarterbacks AllBetter’s nationwide, custom-curated partnerships of advisors, actuaries, member services teams and analytics gurus to deliver on the AllBetter client promise: significant savings, more generous benefits, and happier employees.