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