Healthcare costs and outcomes are a critical concern for employers, which currently provide approximately half the healthcare coverage delivered in the United States. It is possible for employers to take a more active role, make changes and, in doing so, deliver better and more cost-effective healthcare to their employees and their families.
Our multidimensional Strategic Healthcare team helps both employers and their sponsored health plans understand and succeed in this changing landscape. We have deep experience in designing and implementing innovative arrangements along a spectrum based on risk, cost and potential reward. We help companies harness innovation and transform their benefit plan and business models to focus on healthcare delivery, management, cost reduction and effective data utilization.
We are experienced in direct contracting, ownership of data, specialty carveouts, nontraditional pricing structures, creating high-performance networks and other initiatives in this evolving space. Our full-spectrum counsel effectively manages Employee Retirement Income Security Act (ERISA) programs, pharmacy services, data privacy, intellectual property, complex contractual arrangements, and corporate governance and transactions.
Employer counsel includes:
- Optimizing employers’ positions as payers in the healthcare system.
- Facilitating employers working directly with other stakeholders, such as healthcare providers and pharmacies.
- Achieving greater transparency by leveraging health plan assets, such as health plan data, to improve cost and quality outcomes.
- Designing plans to comply with the overlapping and complex regulatory frameworks.
- Navigating compliance with data-regulating frameworks, such as the Health Insurance Portability and Accountability Act (HIPAA) and the California Consumer Privacy Act (CCPA).
- Protecting health plan data ownership and usage rights to enable and maximize current and future opportunities.
- Assisting employers in establishing on-site health clinics, contracting with providers and billing for healthcare services.
- Advising wellness companies on structure, services and support for employers and health plans.