Clint Hailey on health insurance
From Summit Voices: Clint Hailey of Tenet Healthcare at The Summit 2013 · · Revive
“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.”
On , Clint Hailey, Chief Managed Care Officer & Senior Vice President at TENET HEALTHCARE CORP, spoke about health insurance during Summit Voices: Clint Hailey of Tenet Healthcare at The Summit 2013 on Revive.
About Clint Hailey
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.