Episode 5: Tom Milam | True Life Care

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Topics

  • Diabetes
  • Chronic Disease and Illness
  • Incentives and Engagement
  • Reducing Hospital Admissions and ALOS
  • Cost Savings

In this episode, Michael introduces you to Tom Milam, founder and True Life Care (TLC).  Join us as we discuss the impact of diabetes on individuals and healthcare costs and how the TLC program helps employees save money, improve their health and can lower costs to their health plan by thousands of dollars per person per year.

Here’s a glance at what you’ll learn in this episode:

  • An introduction to Tom Milam
  • Type 1 and Type 2 Diabetes - causes, impacts and monitoring
  • Healthcare cost for a person with Diabetes vs. person without Diabetes
  • Rate of ER and Hospital admissions within diabetic population
  • Average out-of-pocket spend for individuals with Diabetes
  • Barriers to treatment adherence, behavior change and testing compliance by Diabetic population
  • How the True Life Care provides an incentive for Diabetic population to engage with Health Coaches
  • Expected cost savings when employees and dependents with Diabetes participate in the TLC program
  • How True Life Care identifies diabetic members and drives 40% participation rates in the program
  • How TLC is different from traditional Disease Management Programs
  • Cost for True Life Care program and how fee structure is aligned with employer interests
  • http://truelifecare.com/

About the Host, Michael Menerey

Michael Menerey is a Senior Vice President and Benefits Consultant with one of the largest Employee Benefits Brokerage & Consulting firms in the country. He is a partner in the Employee Benefits Practice and works in the Los Angeles office.

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