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iPMI Magazine successfully rebranded to iPMI Global in 2023 and has moved to a new home on the internet. To visit the brand new international private medical insurance business intelligence platform, please go to www.ipmiglobal.com

ROUND TABLE: International Medical Cost Containment Strategies 2021

In a Closed Door Exclusive Round Table Business Forum, iPMI Magazine will speak with C-Suite Industry Leaders from the International Medical Cost Containment Market about International Medical Cost Containment Strategies For Global Medical Payors And Providers.

Although international risks have changed, the cost of healthcare around the world remains a key concern for the international private medical insurance market.

This exclusive round table will define the complex nature of international medical cost containment and how medical payors and providers may leverage cost containment strategies to improve the access and standard of care, whilst reducing the bottom line to the payor.

Talking Points

  • Real-time cost containment and medical case management;
  • Managing the costs in the advancements of new medical procedures and pharmaceuticals;
  • Discrepancies in pricing across global hospital networks;
  • iPMI Plan design to manage costs before emergency;
  • The use of technology to improve healthcare access and reduce the bottom line;
  • The financial pressures of COVID-19;
  • Combating international medical insurance fraud;
  • Provider network management and negotiations;
  • The challenges of cross-border regulatory and legal developments;
  • The future of medical cost containment and medical case management.

iPMI Magazine Cost Containment Network

Related Reading:

International Medical Cost Containment Strategies 2018

Apply

To apply for a seat at the table, please write to Christopher Knight, CEO, iPMIM: ceo[at]ipmimagazine.com

About iPMI Magazine Round Tables

Leaders learn from leaders, and by invite only, iPMI Magazine Executive Round Table Business Forums feature leading C-Suite Executives from the world of iPMI. Limited in numbers and distributed to over 40,000 readers in 120+ countries, iPMI Magazine round tables are an educational, executive, and exclusive event.

 

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iPMI Magazine Speaks With Dr. Ian Russinoff, Medical Director, Generali Global Assistance Travel Assistance & GMMI, Inc.

For the past few months, we have read and heard just about everything on the Covid-19 virus pandemic that has now impacted and remains to impact the entire world. Confinement, quarantine, Personal Protective Equipment (PPE), life has organized itself around this new normal. 

In this exclusive interview Christopher Knight, CEO, iPMI Magazine, met with Dr. Ian Russinoff, Medical Director at Generali Global Assistance Travel Assistance and GMMI, Inc. to get his perspective and experience of the virus both as an ER doctor and a patient.

Tell us about your Covid-19 experience being an ER doctor?

Before my diagnosis, I had already personally witnessed both extremes of the illness. I saw many minimally symptomatic patients and a handful of critically ill. I must confess, knowing that this is a novel virus, I was concerned where I would land on the spectrum. I feared that I would be among the healthy young people to succumb to the illness. At times, I had very vivid images of the extremely ill that were losing their personal battle. Fortunately, I had a very mild case and recovered quickly. As an ER doctor with first-hand knowledge and experience that the vast majority of patients did just fine, I knew that statistically speaking the odds were in my favor.

While you are now feeling better, you were diagnosed with COVID-19 due to your exposure to the virus. Can you tell us about your patient experience?

I was fortunate in that testing for front line workers was readily available. The hospital really made us a priority and had processes in place to expedite the diagnosis. I received daily phone calls from the hospital checking on my progress and expressing their concern. I certainly felt very supported and taken care of throughout the entire illness and recovery.

The crisis being somehow behind us, what lessons have you learned?

I must say that I have a new respect for the power and influence that a microscopic illness can have on society. We have heard of swine flu, H1N1 and other viral illnesses over the years. While educating myself on these diseases, I never could have anticipated that the effects would be this dramatic. In many ways, the world has been turned upside down. It will be very interesting to see how the general public prepares for the annual flu season. In addition, it will be interesting to see how we prepare for the next novel virus. While this pandemic started as a public health crisis, it has evolved into a socioeconomic disaster.

Were there any specific complexities you were confronted with since the beginning of this pandemic both from the doctor and/or patient perspective?

I actually didn’t feel very ill when I had the virus. I had fatigue and a mild cough but no fever or shortness of breath. I contemplated whether or not I really needed the test. I definitely felt well enough to work. Ultimately, out of concern for my patients, co-workers, and my family, I decided to get tested. With regards to my family, I was already self-isolating in the guest room in the house for about 3 weeks prior to having any symptoms. Once I started to see the cases in the emergency department, my wife and I felt it was best to avoid family contact as much as possible.

Have you made any changes in your routines since you have returned back to work after recovering from the virus?

I am still taking the exact same precautions from day one. There is still so much uncertainty and unknown about this virus. Do I have effective antibodies? If so, how long will they last? Are they 100% protective? Out of constant concern for my family, patients, and colleagues, I am very attentive to maintain the strictest precautions with regards to handwashing, PPE, and general awareness of my surroundings. I maintain the same routine of getting undressed in the garage, immediately throwing my clothes in the washing machine, and heading to the shower before interacting with any family members. I believe this practice will continue indefinitely.

If you help clarify a myth about COVID-19 in any of the realms that you have experienced it as a doctor and patient, what would it be?

A few months ago, the obvious question was: Am I going to end up on a ventilator? While that is a legitimate concern for people with comorbidities like diabetes and hypertension, particularly of an older age, the vast majority of positive patients will be just fine. Again, I was very fortunate to have mild symptoms, but it is a fact that the fevers associated with Covid are very intense. Anyone that contracts the virus should be mentally prepared for 2 weeks of symptoms, but they should remain cautiously optimistic that they will recover without any complications.

Are we prepared if we were to face another wave of COVID 19 cases in the fall?

We have significant advantages if there is another wave in the fall. Testing processes are much improved. Recovered patients have antibodies to donate. Medications like Remdesivir have shown promise. We are aware that some of the initial treatments do not show a significant benefit. The disease course has become somewhat more predictable. Knowledge is power, and in the infancy of Covid-19, there was clearly a knowledge deficit. There is also strength in numbers. Simply by seeing and personally knowing so many recovered people, we will be much more confident for the rematch.

We previously referred to this situation as a crisis – and looking at global and/or local events – how do we manage the storms ahead from here?

This is a great question. In retrospect, would we (federal and local government) make a lot of the same decisions? While I do not believe we will get a clear answer to that question, we might be able to infer if, God forbid, another pandemic occurs. The long term socioeconomic, medical, and psychological effects remain to be seen. Did the fact that this is an election year contribute to certain decisions? Are some of the far-fetched conspiracy theories not too far-fetched after all? I believe the long-term lessons are still evolving, and it is still too premature to assume how we may manage the storms ahead.

About GMMI, Inc. & Generali Global Assistance Travel Assistance

GMMI and Generali Global Assistance are part of the Europ Assistance – Generali Group and headquartered in South Florida, USA.

  • GMMI is a leading ISO 9001:2015 & ISO/IEC 27001:2013 certified provider of medical cost containment, travel assistance and medical risk management solutions designed to set the industry standard for quality customer service, medical management, and competent claims administration worldwide. By applying leading technologies and a consultative approach, we work efficiently and effectively to deliver high value-added services that provide our Clients with global solutions for managing medical cases, providing travel assistance and containing medical costs since 1992.

  • The travel assistance unit of Generali Global Assistance (GGA) has been focused on the care of travelers since 1963. Our North America office provides 24-hour global value-added travel assistance solutions to leisure and business travelers on behalf of their insurers and employers. With a local presence in 200 countries and territories worldwide and 35 assistance centers staffed with multilingual assistance coordinators and case managers as well as medical and security staff, Generali Global Assistance is here to help you obtain the care and attention you need in case of an emergency while traveling.

About Dr. Ian Russinoff

Dr. Ian Russinoff is an attending physician and the Vice Chairman of the Emergency Department at the Cleveland Clinic Florida. In addition to his duties in the hospital, Dr. Russinoff is the Assistant Medical Director of the Broward Sheriff’s Office (BSO), helping to oversee the medical protocols of the largest EMS agency in the county. He has been practicing emergency medicine for almost twenty years, including medical school at SUNY Downstate and residency at St. Luke’s-Roosevelt Hospital Center in New York City. Dr. Russinoff enjoys being a leader in the field of Emergency Medicine and EMS. He has been tireless in his efforts to improve the practice every step along the way. His dedication and passion are obvious to his patients, the nurses and the paramedics. Dr. Russinoff leads by example, knowing that is the only way to implement positive change. Dr. Russinoff is the Medical Director for GMMI, Inc. & Generali Global Assistance Travel Assistance.

 

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GMMI

  • Published in GMMI

GMMI is a leading ISO 9001:2008 certified provider of cost containment and medical risk management solutions. At GMMI, we have been setting the industry standard for quality customer service, medical management, and competent claims administration since our inception in 1992. And we do it better than any other company. We are Passionate for People. Focused on Client Results. Driven by Legendary Service. Our Core Competency is Medical Cost Containment and Case Management.

Based in Florida, USA, GMMI, Inc. (Global Medical Management) is a leading ISO 9001:2008 certified provider of cost containment and medical risk management solutions. At GMMI, we have been setting the industry standard for quality customer service, medical management, and competent claims administration since our inception in 1992. Since our founding in 1992, we have been a pioneer in the delivery of managed care and cost containment services to the international health care payers and their members. GMMI’s client list includes many of the world’s leading insurance and assistance companies. In 2008 GMMI joined the Europ Assistance Group of companies. Our mission is to support the success of insurers, re-insurers, self-funded groups, and assistance companies via complete cost containment services for medical management, cost savings and 24 hour customer care in the U.S. and globally.

By virtue of our services and our provider contracts, GMMI’s Clients pay significantly less for their healthcare expenses in the USA. Clients may choose to contract GMMI for a single service component, such as claims repricing. Others may engage GMMI for their complete customer service and cost containment needs – from web-based and telephonic patient directing, to 24/7/365 Customer Service Call Center, Catastrophic Claims Management, Organ & Tissue Transplant Services Administration, to Claims Management, Medical Case Management, Claims Payment and beyond. GMMI can help our Client with a single service component, or serve as a Third Party Administrator (TPA), a one-stop-shop for all medical and case management services needs.

Company: GMMI, Inc.

Address: 1300 Concord Terrace, Suite 300 Sunrise, Florida 33323 USA

24 hr Customer Service Phone: +1-954-370-6404

Free of charge in the US: 1-800-682-6065

Fax: +1-954-370-8130

Web: https://www.gmmi.com

E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

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