JJ Schmidt and Associates Blog

The insurance and managed care industry is facing a significant challenge: attracting and retaining young talent. As the workforce ages and a new generation enters the job market, companies must adapt their strategies to appeal to younger workers. This blog…

Social determinants of health are the conditions in which people are born, grow, work, live, age and the wider set of forces and systems shaping the conditions of daily life. Work and employment have been shown to be one of…

In the healthcare landscape, the patient-physician relationship is a critical determinant of medical outcomes and patient satisfaction. The traditional approach of assigning patients to physicians based on availability or geographical proximity is giving way to more sophisticated methods. These new…

TCOR (Total Cost of Risk) is a tool for measuring the overall costs associated with the running of the corporate risk management operation relative to other key measures such as overall company revenues, total headcount, and asset base. It must…

With each day, there seems to be a new statistic or a news story that demonstrates the growing crisis that is driven by the proliferation of opioids. We seem to have reached the crisis stage long ago. Knowledge has increased…

The realm of artificial intelligence (AI) has witnessed revolutionary strides in recent years, with the advent of models like the Generative Pre-trained Transformer (GPT) setting new paradigms in natural language processing (NLP) capabilities.  Originating from OpenAI, GPT belongs to a…

In the realm of decision-making, the term “nudging” has gained significant traction.  At its core, nudging is a behavioral economics concept that involves subtly guiding choices through positive reinforcement or indirect suggestions, without using mandates or direct incentives.  When applied…

Open enrollment is a period when individuals can enroll in or change their health insurance plan.  It is a crucial time, as the decisions made can affect one’s healthcare coverage and financial security for the coming year.  Selecting the right…