How “Health Alexa” saves you $$$ on group health & makes happier employees!
We all know there are online symptom checkers such as WebMD. Everyone uses them sporadically, but the results are frequently confusing. (I have written about this in one of my previous blogs ‘Human doctors have been more accurate than digital symptom checkers. Until now…’.)
What if instead of a basic symptom checker, employees had access to a science based digital health assistant?
Imagine that they have access to an assistant like Amazon’s Alexa, but instead the one that was trained on over 30 million medical studies. It would know a lot more than any human doctor could. Such a digital health Alexa could you reduce your costs in a big way.
How?
A large component of healthcare costs is unexpected visits to ER and unnecessary medical tests like MRI etc. In fact, Wellness Council of America estimates that 66% (!!) of ER visits are not real emergencies. That leads to $14B in annual waste in the US. What is your firm’s share of that $14B and do you want to recover it? Of course, you do, because that is part of your corporate fiduciary responsibility.
In our recent CNBC interview, we explain why the healthcare system is broken and discuss possible ways to fix it.
But what does that have to do with “Alexa for health”?
A recent landmark research study by a group of experts found that when employees use a digital health software, at least 14% opted out of a GP visit and 18% opted out of an ER visit. The question is, why would they opt out of an ER visit? Clearly, it was not an emergency and the only reason your employee would have gone to the ER in the first place is if a doctor was not available and they did not have access to a digital health assistant.
So, everyone wins with a digital ‘health Alexa’, your employees get immediate answers and don’t have to run to the ER and go through additional stress.
And your claims are lower by tens of thousands and hundreds of thousands of dollars.
In fact, a recent study found that savings from using sophisticated symptom checkers is more than 4% of your total health spend. When you combine “Alexa for health” with chronic disease management and video connection to a doctor, total direct savings could reach 22%. And if you include indirect savings from productivity increases, it increases up to 42%! All those are evidence-based numbers based on numerous empirical studies.
We have a special offer for your employees or patients for such a concierge service that is with you 24/7. Click on a link below to schedule a 1-on-1 demo. If you do not want to learn about this break-through technology and how to dramatically improve efficiency of your health spending, please click Unsubscribe below.
- If you are an employer, a doctor, a health benefits advisor, or an insurance broker and would like a cool benefit that makes your employees healthier and happier, and saves 34% to 45% on your healthcare costs, please schedule a virtual meeting here.
- If you are a potential investor who would like to be part of a unique once-in-a-lifetime investment opportunity that will forever revolutionize healthcare, please schedule a virtual meeting here.
- If you are a potential customer, a patient or you are just curious about any of the WellAI high tech products – a voice-guided digital health assistant, data-driven Telehealth 2.0, or the scientific chronic disease management program – please schedule a virtual meeting here.
As a reminder, the basic version of WellAI app, called Doc In A Pock, is now available on your smartphone.
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