Tuesday Morning With Justin: Healthcare, Leadership & Life

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Walgreens plans to close 1,200 stores over the next 3 years. Meanwhile, CVS Pharmacy is laying off an additional 2,900 employees after having already closed 600 stores since 2022. What is happening?

For too long, these pharmacy chains thrived off the hidden games that happen behind the scenes. For example, taking advantage of spread pricing and rebate games. 

Employers who are still partnered with CVS Caremark, OptumRX, and Express Scripts deserve answers. Including, why has my broker not helped me understand the benefit of a transparent PBM? 

Maybe because brokers are getting big overrides? 🤔 

My mission is to bring transparency to our broken healthcare system!

Music by Alex Lambert.

Contact Justin via text 740-525-5259 or via email [email protected]

I welcome the opportunity to hear your feedback from this episode!

Thanks again to my musically gifted friend Alex Lambert for the music. Also thanks to Kevin Asehan for the edits.

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Generally, I like to bring a problem in a solution to the table. To help people understand how to eliminate waste in the healthcare system. Today, I just needed to be completely authentic and share how frustrating and challenging it is for midmarket employers in our current healthcare system. 

Music by Alex Lambert.

Contact Justin via text 740-525-5259 or via email [email protected]

I welcome the opportunity to hear your feedback from this episode!

Thanks again to my musically gifted friend Alex Lambert for the music. Also thanks to Kevin Asehan for the edits.

Send us a text

Have you ever seen waste in the US healthcare system? Me too. Thats why I love BowTie. They are negotiating cash prices on behalf of employees when they need care AND THEN rewarding them with little to no out of pocket expenses. 

This is a great way to cut fat out of the healthcare system without overburdening an HR team!!

Learn more about BowTie Medical here. Homepage (bowtiemedical.com)

Music by Alex Lambert.

Contact Justin via text 740-525-5259 or via email [email protected]

I welcome the opportunity to hear your feedback from this episode!

Thanks again to my musically gifted friend Alex Lambert for the music. Also thanks to Kevin Asehan for the edits.

Send us a text

Great question from a listener. If we don’t pay attention, then we run the risk of wasting so much money in the US healthcare system!!

Music by Alex Lambert.

Contact Justin via text 740-525-5259 or via email [email protected]

I welcome the opportunity to hear your feedback from this episode!

Thanks again to my musically gifted friend Alex Lambert for the music. Also thanks to Kevin Asehan for the edits.

Send us a text

The Institute of Medicine believes 20-25% of every $1 spent on healthcare is wasted. I see this often with specialty drugs. My team just met with a company of 300 employees last week and they didn’t realize they were essentially giving away $500,000/yr to their insurance company and big pharma. YIKES! 

Read the contracts!! Or hire someone who will!!

Music by Alex Lambert.

Contact Justin via text 740-525-5259 or via email [email protected]

I welcome the opportunity to hear your feedback from this episode!

Thanks again to my musically gifted friend Alex Lambert for the music. Also thanks to Kevin Asehan for the edits.

Send us a text

“What do we do about GLP-1s?” A CFO recently asked me (after seeing their health plan has an additional $300k of annual cost from the uptick in GLP-1s). 

Well that’s tricky - we know the cost is currently around $1,000/month. We know over 70 companies are working through the FDA approval process. We expect this will bring the cost down - which begs the question. 

At what point is their financial incentive to make the investment (to cover weight loss drugs) in your workforce? Tangibly, as a fiduciary, would you be willing to invest $5,000/yr into an employee if it significantly reduced the chances of future comorbidities?

What can we do to increase behavioral change in tandem?

These are intriguing and sensitive conversations that all leadership teams will be, if not already, considering. 

Music by Alex Lambert.

Contact Justin via text 740-525-5259 or via email [email protected]

I welcome the opportunity to hear your feedback from this episode!

Thanks again to my musically gifted friend Alex Lambert for the music. Also thanks to Kevin Asehan for the edits.

Send us a text

Listeners have asked for me to explain more about what my role is within the healthcare system - today I'll dive into pharmacy and help you understand more of what is happening behind the scenes of the US Healthcare system. 

Please let me know your questions and comments! Also, if you are enjoying and learning please take the moment to leave a 5 star review!

Music by Alex Lambert.

Contact Justin via text 740-525-5259 or via email [email protected]

I welcome the opportunity to hear your feedback from this episode!

Thanks again to my musically gifted friend Alex Lambert for the music. Also thanks to Kevin Asehan for the edits.

Send us a text

Welcome to this episode where we dive into a topic that is often overlooked but affects us all - health insurance contracts.

Have you ever found yourself confused by the terms and conditions of your health insurance policy? Do you know what your rights and responsibilities are as a policyholder? 

 Frank Pennachio is the only person I know that makes the topic of "emerging risks" engaging. "Buckle up buckaroo!" as Frank says.

In this episode, we explore the intricacies of health insurance contracts and break down the jargon to help you understand the legal aspects of health insurance contracts, including what happens when a $1,000,000 claim is denied.

"We have no solutions, just tradeoffs." - Thomas Sowell

Please share your takeaway(s)/questions with me. I love hearing from you!!

Thank you to TrueNorth Companies and ResourcePro for your commitment to educating employers of their new and emerging risks!

Music by Alex Lambert.

Contact Justin via text 740-525-5259 or via email [email protected]

I welcome the opportunity to hear your feedback from this episode!

Thanks again to my musically gifted friend Alex Lambert for the music. Also thanks to Kevin Asehan for the edits.

Send us a text

Jonathan Brand is the President at Cornell College. Join the conversation and it will be worth your time. There is a lot to learn from with this conversation! 

One thing that made me laugh from the conversation was his quote “Just because people climb to higher titles within the organization, it doesn’t mean they are more intelligent.” Isn’t that the truth? 

Tune in as me and my guest, Jonathan Brand, discuss leadership and what it's like to lead a college.  Personally, what I’m excited to apply right away is the idea of identifying a time to slow down and ask others for help. It’s too easy to just jump into something and try to solve the problem. But how often does that just take care of the surface level?

If you enjoyed today’s episode, please give the podcast a review! Please continue sharing what resonated with you – also, if you have an idea for a future guest, then let me know! Text my cell 740-525-5259. Enjoy the day!

Music by Alex Lambert.

Contact Justin via text 740-525-5259 or via email [email protected]

I welcome the opportunity to hear your feedback from this episode!

Thanks again to my musically gifted friend Alex Lambert for the music. Also thanks to Kevin Asehan for the edits.

Send us a text

If you aren't open to some personal growth, then please come back later. Dr. Jason Steinle is composed but energetic. Quite busy but mindful of being present. We will jump in to a typical day and also dive in to understand how Jason has evolved personally and professionally over the years. "When I was young, in my 20s and 30s I was totally believing 'you can do it all' then I realized, yeah I can, but can I do it all really well?" 

The biggest takeaway? 

"Once we accept that we matter, not just tell ourselves but truly believe that we matter, that our life is important, that YOUR life is important, the choices you make in life become easier."

Dr. Steinle has a saying that he doesn't want to add years to your life but "Life to your years." Even if you never get to meet him, I can't help but wonder if this conversation will add life to a listener's years.

What resonates with you from the episode? If you are willing to share, then I'd love to hear it! 

Oh and listener, let me reiterate, that YOU MATTER.

Music by Alex Lambert.

Contact Justin via text 740-525-5259 or via email [email protected]

I welcome the opportunity to hear your feedback from this episode!

Thanks again to my musically gifted friend Alex Lambert for the music. Also thanks to Kevin Asehan for the edits.