Chief Managed Care Officer & Senior Vice President, Tenet Healthcare
Search every verified Clint Hailey interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. In a 2013 appearance at The Summit, Clint Hailey, then Senior Vice President and Chief Managed Care Officer at Tenet Healthcare, discussed strategies related to health insurance exchanges. He described a concept in which multiple provider organizations could establish a foundation to fund the remaining premium costs for individuals who, after federal subsidies, still faced a small monthly payment, such as $18 on a $300 premium. Hailey noted that some organizations in the room had expressed interest in developing health plans and were in discussions with Tenet about participation. Hailey characterized the period as a dynamic time for the healthcare industry, stating that creative and early-moving organizations would likely gain market share. He observed that while some large nonprofit hospital systems were taking a wait-and-see approach to exchanges, others were more progressive, and he anticipated that the next couple of years would reveal which strategy was correct.
“If you think about a $300 premium on exchanges and you have a person who's at between 100 and 138% of the federal poverty level, that's about $11,500 to call it $16,600 a year. If they have a $300 a month premium, $282 of that is paid for by this federal government subsidized, so all they have to pay is $18.”
“We could set up a foundation and when I say we, I'm talking about multiple provider organizations because you can't really control it; you need multiple parties participating in it and they would fund the $18 a month for somebody who needs the coverage.”
“There are people in the room who have said they're going to develop a health plan and they've asked the Tenet hospitals to participate in that, and we're talking to them about that and are very excited about the prospects there.”
“Similarly, on the whole notion of nonprofit foundation that provides premium support for people who can't afford it beyond the subsidies, I've talked to several people in the room about that. I think those are some exciting possibilities to further enhance the chances of success of healthcare expansion coverage.”
Clint Hailey, SVP, Chief Managed Care Officer of Tenet Healthcare speaking on hospital strategy for the exchanges at The ...
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