The Cost Impact and Benefits of a Comprehensive Mental Health Solution
Date: Wednesday, November 10, 2021
Time: 2:00 pm ET | 11:00am PT
Many organizations have hesitated, in the past, to provide more than the most basic mental health resources for employees, if any were provided at all. Gauging the financial impact of investing in a mental health benefit has been a challenge for employers — until now. A new independent study by Aon has found that a comprehensive mental health solution can have a significant impact on reducing medical claims costs for participants, even in non-mental health related claims.
Join this complimentary webcast to receive insights from the results of this study and understand the Cost Efficiency Measurement (CEM) methodology Aon pioneered to help employers understand the costs of these types of programs. Topics discussed will include:
- What medical claims costs spending looked like in a matched control study with members using a regular health plan vs. one with a mental health solution
- A deeper dive on claims reductions across service categories—from Rx to inpatient/facility care and more
- The impact a mental health solution can have on overall medical spend
- And more…
Todor Penev PSA, MAAA | Senior Vice President, Health Solutions | Aon
Todor Penev is a Senior Vice President and the Health Actuarial & Analytics Intelligence Practice Leader at Aon responsible for R&D, Innovation and Informatics capabilities across Aon US Health Solutions. Todor’s work focuses on multi-client financial and actuarial modeling, reporting solutions, data science, medical and pharmacy network measurement and emerging solution evaluations.
Todor joined Aon in 2005 and has served as an actuarial and benefits strategy consultant for many large employer engagements. Todor is a Fellow of the Society of Actuaries and a member of the American Academy of Actuaries. He has worked in Singapore, London and Atlanta where he is currently based.
Dr. Connie Chen, MD | Chief Operations Officer | Lyra Health
Connie is the Chief Operating Officer at Lyra Health where she oversees clinical product and strategy including the development of Lyra’s blended care programs. She was the cofounder and former Chief Medical Officer at Vida Health. Connie currently serves on the Board of Overseers at UCSF. She has published extensively on open frameworks for mobile health as well as use of comparative effectiveness research design in leading medical journals such as the Journal of the American Medical Association, Archives of Internal Medicine and the Journal of Medical Internet Research. She earned her BA in Economics at Harvard, MD from UCSF and completed her Internal Medicine training at Stanford.
Can’t attend? Register here for an on-demand recording after the webcast.