Self-Funded With Spencer  By  cover art

Self-Funded With Spencer

By: Spencer Smith
  • Summary

  • Self-funded with Spencer shares inspiring conversations with the most successful people in healthcare - company founders, CEOs, entrepreneurs, doctors, and sales leaders - to educate YOU to become the best version of yourself. Support this podcast: https://anchor.fm/spencer-harlan-smith/support
    Spencer Smith
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Episodes
  • How To Stay Disciplined As A Consultant (with Nick Bellanca)
    May 28 2024

    "If you do hard things now, your life will be easy in the future. If you do easy things now, your life will be hard in the future." - Nick Bellanca


    Nick Bellanca joined me this week to get his perspective on something we don’t get a lot of on the show: selling as a consultant.


    Nick and I talked about his upbringing, how he got onto the football team at the University of San Diego, and starting out working at a carrier (which he says is a great place for people to start in this industry).


    Nick actually found himself working at a genetic testing startup for a number of years before transitioning into a sales role at MMA. I was interested to hear his outside perspective on selling as a consultant in the current insurance industry and what it takes to stay disciplined, as a human and as a salesman.


    Whether you’re just starting out in sales, you’ve had a long career selling, or you don’t have anything to do with it, you’ll enjoy getting to hear Nick’s perspective on what it takes to make it in the current industry.


    Chapters:


    00:00:00 Meet Nick Bellanca / Running Marathons


    00:07:44 Majoring In Accounting, Stumbling Into Sales

    00:15:11 The World of Genetic Testing Benefits

    00:17:49 The Challenge And Opportunity Of Changing Roles
    00:22:01 Growth Mindset / Effective Communication In Sales
    00:41:13 Wellness Programs / Wearables
    00:52:41 Do The Hard Things Now



    Key Links for Social:


    @SelfFunded on YouTube for video versions of the podcast and much more - https://www.youtube.com/@SelfFunded


    Listen on Spotify - https://open.spotify.com/show/1TjmrMrkIj0qSmlwAIevKA?si=068a389925474f02


    Listen on Apple Podcasts - https://podcasts.apple.com/us/podcast/self-funded-with-spencer/id1566182286


    Follow Spencer on LinkedIn - https://www.linkedin.com/in/spencer-smith-self-funded/


    Follow Spencer on Instagram - https://www.instagram.com/selffundedwithspencer/


    Key Words:

    #CareerChoices #FinancialMotivation #SalesInsights #Adaptability #GeneticTesting #HealthcareInnovation #CareerTransition #PersonalGrowth #WorkLifeBalance #YouthfulMindset #EmployerWellness #SuccessPathway #selffunded #podcast

    Career Choices, Financial Motivation, Sales Insights, Adaptability, Genetic Testing, Healthcare Innovation, Career Transition, Personal Growth, Work Life Balance, Youthful Mindset, Employer Wellness, Success Pathway, self funded, podcast

    --- Support this podcast: https://podcasters.spotify.com/pod/show/spencer-harlan-smith/support
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    57 mins
  • Bringing Capitalism Back To Healthcare (with Dr. K)
    May 21 2024
    "When your brain is programmed that the only way it can be done is through submitting your insurance and when your brain has been for years and years and years that accepting cash is criminal, it's very hard to break that." - Dr. K My good friend Dr. K, founder of the NTTC Surgery Center and Hinkapin Health, joined the show to shed further light on what upfront pricing and value-based healthcare can do for this industry, employers, and patients. Dr. K came to America from India, and we discussed what it was like to encounter our health insurance for the first time was like as a physician. We discussed what lead him to choose Texas for his surgery center, why a surgery center is better and more cost effective than a hospital for surgery, and how he was able to determine pricing for his cash-based practice. Since founding NTTC Surgery Center near Dallas, Dr. K has stayed ambitious and is aiming to expand this model nationwide through Hinkapin Health. When practices publicly display prices and are able to compete with other practices to win business, everybody benefits; it’s a fundamental benefit of capitalism, and I’m always glad to be able to highlight practices like Dr. K’s. Chapters: 00:00:00 Meet Dr. K 00:06:56 An Outside Perspective On US Health Insurance 00:15:25 Lowering Costs Through Bundled Procedures 00:20:11 Building Out Upfront Surgical Costs 00:22:14 The Importance Of Transparency In Bundled Procedures 00:27:30 Infection Rates Are The Key Indicator Of Quality 00:53:46 Why We Need Value-Based Healthcare Key Links for Social: @SelfFunded on YouTube for video versions of the podcast and much more - https://www.youtube.com/@SelfFunded Listen on Spotify - https://open.spotify.com/show/1TjmrMrkIj0qSmlwAIevKA?si=068a389925474f02 Listen on Apple Podcasts - https://podcasts.apple.com/us/podcast/self-funded-with-spencer/id1566182286 Follow Spencer on LinkedIn - https://www.linkedin.com/in/spencer-smith-self-funded/ Follow Spencer on Instagram - https://www.instagram.com/selffundedwithspencer/ Key Words: #healthcareinnovation #bundledsurgery #transparentcare #ambulatorysurgery #costeffectivehealthcare #qualitycare #healthcarecosts #emerginghealthcare #patientcentric #affordablehealthcare #healthcaresolutions #healthcarefuture #selffunded #podcast healthcare innovation, bundled surgery, transparent care, ambulatory surgery, cost effective healthcare, quality care, healthcare costs, emerging healthcare, patient centric, affordable healthcare, healthcare solutions, healthcare future, self funded, podcast --- Support this podcast: https://podcasters.spotify.com/pod/show/spencer-harlan-smith/support
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    55 mins
  • The Employer Perspective On Self-Funding (with Stephanie Koch)
    May 14 2024

    “It's the second largest line item that a company has, but they will stroke a check every month for a fully insured program without having data to support what those costs are for.” - Stephanie Koch


    Stephanie Koch joined the show to share what it was like to work in benefits and HR in a fully funded company before moving to one that self-funds.


    I invited Stephanie on to hear the employer perspective on the industry, but ended up getting so much more, as she’s truly on the cutting edge of healthcare benefits for her company Hendry Marine. We discussed what it’s like to deal with Reference-Based Pricing as an employer, why mobile clinics save lives and are crucial to self-funded plans, and why it’s so important to seek out nontraditional healthcare solutions in the current market.


    No matter what aspect of our industry you work in, everything we do is for employers and employees, and there’s so much insight to gain from forward-thinking benefits managers like Stephanie.


    Chapters:

    00:00:00 Meet Stephanie Koch

    00:01:36 Empowering Employers in Self-Funded Healthcare Systems
    00:12:37 Challenges in Renewing Fully Funded Healthcare
    00:32:44 Maximizing Healthcare Savings Through Reference Based Pricing
    00:43:13 Evolving RBP Plans for Employee Benefits
    00:51:56 Early Detection Incentives Through Preventive Wellness Exams
    01:03:07 Strategic Healthcare Partnering for Self-Funding Success


    Key Links for Social:


    @SelfFunded on YouTube for video versions of the podcast and much more - https://www.youtube.com/@SelfFunded


    Listen on Spotify - https://open.spotify.com/show/1TjmrMrkIj0qSmlwAIevKA?si=068a389925474f02


    Listen on Apple Podcasts - https://podcasts.apple.com/us/podcast/self-funded-with-spencer/id1566182286


    Follow Spencer on LinkedIn - https://www.linkedin.com/in/spencer-smith-self-funded/


    Follow Spencer on Instagram - https://www.instagram.com/selffundedwithspencer/


    Key Words:

    #SelfFundedHealthcare #ReferenceBasedPricing #EmployeeBenefits #DataAnalysis #PreventiveExams #OnsiteClinics #CostSavings #ConsultingPartners #HealthcareImprovement #RBPStrategies #HealthcareCosts #TransparentSystem #selffunded #podcast

    Self Funded Healthcare, Reference Based Pricing, Employee Benefits, Data Analysis, Preventive Exams, Onsite Clinics, Cost Savings, Consulting Partners, Healthcare Improvement, RBP Strategies, Healthcare Costs, Transparent System, self funded, podcast

    --- Support this podcast: https://podcasters.spotify.com/pod/show/spencer-harlan-smith/support
    Show more Show less
    1 hr and 12 mins

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