This episode features Bill Tuthill, Vice President of Market Strategy at ACA & Senior Markets at Highmark Inc. Here, he talks about his work with Highmark - a Blue Cross organization that serves most of Pennsylvania, Delaware, West Virginia, & parts of New York, ACA coming out of its infancy, and more.
Summary
Bill Tuthill Discusses ACA and Senior Markets at Highmark Inc.
Introduction
Bill Tuthill, Vice President of Market Strategy at ACA & Senior Markets at Highmark Inc, joins us for this episode.
The Rise of ACA
Bill Tuthill talks about his work with Highmark, a Blue Cross organization that serves most of Pennsylvania, Delaware, West Virginia, and parts of New York. He believes that the ACA is experiencing growth due to it being a safety net for those in need. Medicaid and Medicare Advantage are also growing rapidly, while traditional commercial coverage is not shrinking. Bill's job is to understand what ACA and Medicare consumers want in their health plans and design solutions that fit their needs. This fall, premiums and deductibles may be increasing, but people can mitigate this by enrolling in high deductible health plans with the help of subsidies.
Healthcare Reform and the Future
According to Bill, the ACA has made great progress in the past 12 years and is now more accessible to middle-income families. Different health plans are seeing higher rates of growth in government-sponsored spaces, such as Medicare Advantage, Medicaid managed care, and ACA plans, while still offering commercial insurance. Bill's transition from law school to the business world gave him a unique opportunity to become an expert in something quickly.
The Importance of Physical and Mental Health
Finally, Bill emphasizes the importance of physical and mental health for long-term well-being. The ACA has been through many challenges, but it has become more mature and increasingly representative of people all over. Mental health is also an important issue that should not be overlooked. Bill thanked Scott for the chance to visit and gave his appreciation for Wayne State.
Note: This is an AI generated transcript, not edited by a staff writer and is solely intended for educational purposes. If you have any questions/concerns, reach out to podcasts@beckershealthcare.com
This episode aired on 12/07/2022 and can be listened here.
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