How to lower cost? Focus on quality first

Nearly every conversation around bending the trend focuses on cost. This week, on the ShiftShapers podcast, our guest says that if we really want to lower cost, we need to focus on quality. Shane Wolverton, senior vice president of Corporate Development for Comparion Medical Analytics examines the challenges and benefits of that approach.

Drawing on 20 years of experience in the field, Shane discusses how benefits advisors can take what may seem to be a complicated tangle of measurements with no real “true north” and create a simple, easy-to-understand system that engages employees and employers alike. We learn what common quality measurements are most meaningful for advisors trying to help clients shape their benefits plans. In the final analysis, Shane believes, “Quality is cost.”