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