Mission to Grow: A Small Business Guide to Cash, Compliance, and the War for Talent

Proactively making sure your employees are healthy results in a happier, healthier, and more satisfied employee base, but can also help businesses save money. Here to explain the benefits to proactive health management plans is CEO of Key Benefits Administrators, Larry Dust!

Host Mike Vannoy sits down with Larry to learn why proactive health management is good for both employees and employers. Larry shares the difference between proactive health management and wellness plans, the benefit of a coach, and how to empower employees to get the most out of their doctors visits. 
 

Takeaways:
  • Small business owners need to understand that proactive health management is not just a wellness program. Wellness programs lack results because they are not targeted enough, while proactive plans focus on tangible results.  
  • Good health is good business. By providing your employees with consistent care, chronic illnesses can be treated more effectively and cost efficiently. Consistent regimens of care can save 2⁄3 the cost of reactive treatment when issues arise. 
  • Coaching is a major part of a proactive health plan. By having a close relationship between employee and coach, employees get motivation to make changes and get plans to help them achieve their goals. 
  • As patient doctor relationships are changing, having a coach helps employees get the most out of their doctor's visits. If patients have follow up questions or need help finding the right words to use at appointments, coaches become a crucial resource. 
  • Managing care for your employees requires providing the proper incentives to complete treatment. Providing reductions to employee contribution upon 100% completion of care saves both employees and employers money.  
  • Ultimately, proactive management plans are not providing care, but are scouting for patients who may need care. Once identified, these patients are given education to have a more effective interaction with their healthcare provider. 
  • The best treatment for a disease happens in stage one, however, due to financial constraints, many patients don’t seek medical care until stages 3 or 4. By assisting employees, you allow patients to seek care when issues arise. 

Quote of the Show:
  • “We're not delivering the care, we're the patient scout for the doctors.” - Larry Dust


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Creators & Guests

Host
Mike Vannoy
Mike is a digital-first marketing executive with 25 years dedicated to helping HR companies thrive. As a board member of an AI software company and Chief Marketing Officer at Asure, he's been at the forefront of AI, HR compliance trends, and the changing demographics that shape today's marketplace. Under his leadership at Sales Engine Media, the company predominantly focused on the payroll, HR, and benefits industries, earning multiple spots on the Inc5000 list. Actively involved in multiple small businesses, Mike is a lifelong entrepreneur adept at navigating the changing workforce dynamics. He has held multiple executive roles at industry-leading HR firms, showcasing his expertise and leadership in the sector.
Guest
Larry Dust

What is Mission to Grow: A Small Business Guide to Cash, Compliance, and the War for Talent?

Welcome to Mission to Grow, the podcast tailored for small business owners seeking practical insights, compliance-oriented content, and expert advice to navigate the complexities of HR and beyond. Hosted by Mike Vannoy, a seasoned business professional with a vision for rebranding and leveling up. Join us every Thursday as we delve into the world of compliance, productivity, and management strategies to empower owners and managers of midsize companies.