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Presented by Nancy Nankivil Bennett

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More than 250,000 active employees and 115,000 retirees in ... Use 'Bully Pulpit' to set healthcare agenda. Promote effective Group Purchasing initiatives ... – PowerPoint PPT presentation

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Title: Presented by Nancy Nankivil Bennett


1

Health Care Data Collection Reporting
Models for Public-Private Partnerships
  • Presented by Nancy Nankivil Bennett
  • Director WI Department of Employee Trust Funds
  • February 7, 2005

2
Employee Trust FundsPublic Healthcare Purchaser
  • ETF Statistics
  • More than 250,000 active employees and 115,000
    retirees in Wisconsin Retirement System
  • 10th largest public pension fund in United
    States 19th largest in world
  • Assets currently valued at 65 billion
  • Annual health care expenditures of 800 million
  • Secretary is non-partisan not appointed by
    Governor
  • ETF Mission
  • Develop and deliver quality benefits and
    services to our customers while safeguarding the
    integrity of the Trust

3
Value-based Purchasing Managing thru Cost AND
Quality
  • Leverage purchasing power for implementation of
    common quality patient safety standards
  • Gain transparency (disclosure) of comparative
    information at provider level
  • Reward superior provider value through pay for
    performance contracting with Plans/Providers
  • Empower consumers to make more informed decisions
    regarding their health care

4
Employee Trust Funds2003 Healthcare Directive
  • Implementation of Tiered Health Plan Premium
    Contributions using Objective Cost Quality Data
  • Management of RX program through single Pharmacy
    Benefit Manager (PBM)
  • Integration of Quality Patient Safety Standards
    into all health related programs
  • Participation in Public/Private statewide
    healthcare collaborative efforts

5
State Role in Health Care Policy
  • Use Bully Pulpit to set healthcare agenda
  • Promote effective Group Purchasing initiatives
  • Encourage public/private Collaboration among
    healthcare stakeholders
  • Endorse Standard Set of Measures to ensure
    quality/patient safety
  • Support initiatives that reward value-based
    purchasing
  • Advance efforts to improve health literacy among
    purchasers and consumers
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