Education for Benefits Purchasing

How does it work?

Knowl­edge Ben­e­fits cre­ates edu­ca­tion for ben­e­fits pur­chasers. Our goal is to empow­er employ­ers to lever­age their pur­chas­ing pow­er and pro­vide high­er val­ue health­care for employ­ees.

How do employ­ers like you “bend the trend” on health­care costs? Where do you learn how the health­care indus­try real­ly works, where the mon­ey goes ‚and how to get the most from health­care spend­ing?

Our research shows that most HR and ben­e­fits pro­fes­sion­als learn “on the job” and rely on ben­e­fits advi­sors for health­care pur­chas­ing deci­sions.

Would you like a stronger foun­da­tion to build bet­ter health­care plans and ben­e­fits while meet­ing your company’s fidu­cia­ry duty to your cowork­ers? Do you want learn how to buy ben­e­fits more strate­gi­cal­ly while earn­ing SHRM cred­its?

Our online courses will pro­vide foun­da­tion­al knowl­edge of the health­care mar­ket, includ­ing buy­ers and sell­ers, and the impact of third-par­ty inter­me­di­aries on pric­ing. They teach employ­ers how to mea­sure per­for­mance based on qual­i­ty and val­ue, and intro­duce inno­v­a­tive mod­els of care, alter­na­tive pay­ment mod­els, and ben­e­fit design.

Who is this program for?

  • Ben­e­fits admin­is­tra­tors on the front lines of employ­er spon­sored health insur­ance
  • HR pro­fes­sion­als inter­est­ed in improv­ing ben­e­fit pur­chas­ing
  • Pur­chas­ing man­agers inter­est­ed in improv­ing ben­e­fit pur­chas­ing
  • C-suite exec­u­tives com­mit­ted to offer­ing high val­ue care to their employ­ees
  • Bro­kers com­mit­ted to improv­ing qual­i­ty and reduc­ing costs for their clients

What does our program do?

  1. Quan­ti­fies both the oppor­tu­ni­ty and need for a val­ue-based approach to both pur­chas­ing and pro­vid­ing health ben­e­fits.
  2. Edu­cates par­tic­i­pants on avail­able tools, per­for­mance spec­i­fi­ca­tions and how they can be used in the mar­ket as well as inter­nal­ly.
  3. Enables par­tic­i­pants to gain more val­ue from their consultants/brokers and health plans.

What are the goals?

  1. Increased use of stan­dards-based tools for per­for­mance mea­sure­ment and improve­ment.
  2. Increased under­stand­ing and demand for alter­na­tive pay­ment mod­els, includ­ing episodes of care, bun­dled pay­ment, care man­age­ment, and oth­ers.
  3. Increased com­pe­ti­tion by providers on qual­i­ty and cost at the ser­vice-line lev­el.
  4. A high­er use of dif­fer­en­ti­at­ed ben­e­fit designs that encour­age the use of high-val­ue health ser­vices (e.g., pri­ma­ry care) and dis­cour­age the use of low-val­ue ser­vices.

Long term, our pro­gram will enable and pro­mote proac­tive pur­chas­ing of health­care by empow­er­ing human resources and finance pro­fes­sion­als to serve as change agents that trans­form the health sys­tem.

Learn more about our pro­pri­etary adap­tive learn­ing sys­tem.