Explore the 'silent epidemic' of chronic kidney disease (CKD) and its impact on employee health and organizational costs. Learn from Scott Vold of Renalogic on the Healthcare on the Rocks podcast about the challenges and solutions in managing CKD in the workplace, including innovative strategies to address this prevalent condition.
As employee benefits professionals, we recognize the immense impact that chronic conditions can have on both workforce health and organizational costs. One such condition that often flies under the radar is chronic kidney disease (CKD) - a "silent epidemic" affecting millions of Americans.
In a recent episode of the Healthcare on the Rocks podcast, we sat down with Scott Vold, Chief Commercial Officer at Renalogic, to shed light on this critical issue and explore solutions for employers.
Below, you’ll find highlights and takeaways from their conversation. Ready to listen to the full episode? Click here.
According to Vold, chronic kidney disease is a public health crisis that deserves far more attention. "About one in seven adult Americans, or 37 million people, have chronic kidney disease in this country. And that's wild in and of itself. What's even more wild and scary is that 90 percent of those people have no idea they have chronic kidney disease."
This lack of awareness is particularly concerning, as CKD is the ninth-leading cause of death in the United States and is projected to rise to the fifth-leading cause by 2040. The underlying drivers of this condition - diabetes, high blood pressure, heart disease, and obesity - are all too common in today's workforce.
As CKD progresses, many patients eventually require dialysis, a life-saving but grueling treatment process. Vold explained the complexities of the dialysis market, which has evolved into a duopoly controlled by two major players – DaVita and Fresenius.
"This is a wild industry for life-saving treatment. Where it used to be market-driven, and people had a choice, health plans had bargaining power, and networks had bargaining power. That is not the case today. Today, health plans, especially self-funded health plans, are really burdened by excessive dialysis prices."
In fact, Vold noted that self-funded plans often pay 700% of the Medicare rate for dialysis services, a staggering markup that significantly impacts employer healthcare costs.
So, what can employers do to mitigate the impact of chronic kidney disease? Vold outlined several key strategies:
By taking a proactive, data-driven approach to managing chronic kidney disease, employers can improve the health and quality of life for their workforce while significantly reducing the financial burden of this often-overlooked condition.
Together, we can tackle the silent epidemic of chronic kidney disease and create a healthier, more productive workforce. To learn more about Renalogic's solutions and how they integrate with the Springbuk Activate Marketplace, visit springbuk.com/activate or renalogic.com.
Ready to listen to the full episode? Click here.