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Jeremy Vesta – Addressing the Hidden Cost of Insurance.

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Show Topic:
Recent studies show that 31% of US healthcare costs can be directly attributed to “behaviorally influenced chronic conditions,” while 69% of costs are influenced by consumer behaviors.

  These statistics hold true for your workforce. The employees who walk through your door each day are managing more than just the workload; they have families, lives outside of work, and health conditions.

  Is there a way, however, that employers can commit to helping their employees understand their health conditions, embrace different treatment options and change their behaviors to positively influence chronic health conditions? The answer is yes; but it takes work.

  The good news, however, is that hard work has significant returns on not just your employees’ health, but also their commitment to your organization. In this episode of HR Power Hour, join Tawny Alvarez of Verrill as she speaks to Curally’s Chief Financial Officer, Jeremy Vesta, concerning addressing the hidden costs of insurance.

  In this episode Tawny and Jeremy will discuss the current issues employers are faced with concerning employees with chronic health conditions, the work that Curally has undertaken to provide employers with a path to respond to these challenges, and the positive long-term effects this strategy has on both employees and employers.

About The Guest:

Jeremy Vesta is Chief Financial Officer of Curally where he uses his expertise as an economist and his extensive business leadership background to empower companies to optimize their investment in their most valuable resource—their employees—through innovative strategies.

  Additionally, Jeremy is the Managing Director of Vesta Holdings, a company with diverse interests in the fresh beef industry. Among its ventures, Vesta Holdings is involved in beef manufacturing through Harmony Beef, a company established and run by Jeremy and his family.

  Before joining Vesta, he gained experience as a commodities trader at Bunge. One of Jeremy’s core beliefs is that to address the challenge of rising insurance costs, businesses must adopt new approaches that go beyond the surface-level factors like plan design, benefit providers, and coverage provided. Instead, the focus should be on identifying and resolving the underlying factors driving these costs. By doing so, business owners, benefit administrators, and HR leaders can effectively mitigate the impact of escalating insurance expenses.