Jerry Reeves, M.D., Chief Medical Officer of HEREIU and Board Member of The Center for Health Value Innovation, Participates in White House Conference
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ST. LOUIS & LAS VEGAS--(Business Wire)-- Jerry Reeves, M.D., chief medical officer, Hotel Employees and Restaurant Employees International Union Welfare Fund(HEREIU), a multi-employer Taft-Hartley Trust Fund helping to meet the healthcare needs of participants working in the hospitality industry, participated in a recent White House conference with President Obama regarding health care reform. HEREIU is a member organization of the Center for Health Value Innovation (www.vbhealth.org), the nation`s premier organization dedicated to establishing value and producing evidence for sustainable health and financial improvement, and Dr. Reeves serves as a member of the Center`s Board of Directors. "The Center is honored to be represented by such an outstanding individual, someone who has truly become an icon in value-based design," says Cyndy Nayer, president and CEO of The Center. "The Fund is a leading example of the potential for value-based benefit design, and Dr. Reeves is incredibly passionate about sharing his vision." Dr. Reeves notes, "Of course, I felt very fortunate to be invited to share our experiences in lowering medical cost trends and improving health outcomes with President Obama and his outstanding team of professionals devoted to reforming health care. Each invited participant to the workforce innovators panel demonstrated successful measures in the private sector that the President believes should be more widely adopted for the country as a whole." The Fund manages welfare benefits for employees in the restaurant and hotel businesses, with 90,000 employees and 250,000 covered lives nationally. In 2004, the Fund began implementing a value-based health pilot program in a West Virginia HEREIU plan of 3,000 covered lives and now reports that total medical cost trends dropped from 14.5 percent per year at baseline to less than four percent the next two years - saving $2 million in the first year. Additionally, within three months, more than 60 percent of participants in health coaching raised their personal knowledge level of their body mass index (BMI), blood pressure, blood sugar, and cholesterol, and had made a visit to their doctor. About The Center for Health Value Innovation Launched in 2007, The Center for Health Value Innovation is a not-for-profit (501c3) organization representing industry stakeholders committed to sharing the evidence that value-based health designs improve health status and reduce health cost inflation. Members include large and mid-size employers, health plans, integrated delivery systems, self-funded unions, municipal and state governments, medical management firms, pharmacy benefits management companies, vendor organizations and others which benefit from analytic tools, educational programs and collaborative connections to innovators in value-based health design. Visit www.vbhealth.org. Media: CPR for The Center for Health Value Innovation Jim Stroh, 201-641-1911 x18 Jstroh@cpronline.com Copyright Business Wire 2009
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