WEBVTT

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BE IN BLOOMINGTON ON THE 

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CAMPUS OF INDIANA UNIVERSITY 

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OCTOBER 24TH CERTAINLY 

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INNOVATION IS A BUZZWORD 

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PERCOLATING AROUND THE STATE 

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OF INDIANA AND IT'S HAPPENING 

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REAL TIME WITH SEVERAL 

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COMPANIES HERE 

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>> IN THE SOUTH BEND ELKHART 

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REGION INCLUDING ELKHART BASED 

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KIM CREST IT'S A 

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TRANSPORTATION SUPPLY CHAIN 

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COMPANY THAT IS LAUREN THE 

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COST OF HEALTH CARE BENEFITS 

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BY CUTTING OUT THE INSURANCE 

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MIDDLEMAN BUSINESS OF HEALTH 

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REPORTER KYLEIGH VALENTA 

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EXPLAINS 

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>> THANKS GARY WHERE KIM CREST 

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IN CARMEL WHERE EMPLOYEES ARE 

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BUSY KEEPING THE PRODUCTION 

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FLOOR MOVING THE COMPANY IS 

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JUST ONE OF MANY IN INDIANA 

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TAKING A UNIQUE APPROACH TO 

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HEALTH BENEFITS 

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>> KIM CREST CARMEL LOCATION 

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WILL SOON BE FOLLOWING THE 

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SAME STRATEGY ALREADY WORKING 

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AT ITS HEADQUARTERS IN ELKHART 

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TO REDUCE ONE OF THE BIGGEST 

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COSTS FOR COMPANIES BREAK IT 

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DOWN IN THE LINE ITEM FIRST 

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YOU HAVE 

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>> SALARIES SECOND YOU HAVE 

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FACILITIES AND 3RD IS HELPFUL 

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>> KIM CREST E SHAW SAYS 

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SALARIES AND FACILITIES ARE 

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PREDICTABLE BUT THE COST OF 

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HEALTH BENEFITS IT IS A WILD 

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CARD THE BIGGEST WILD CARD THE 

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COMPANY HAS DRAMATICALLY CUT 

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ITS HEALTH CARE COSTS BY USING 

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THE MODEL THAT'S GAINING 

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TRACTION CALLED DIRECT TO 

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EMPLOYER OR DTE KIM CREST 

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COMPANY HEADQUARTERS IN 

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ELKHART WAS ITS FIRST LOCATION 

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TO USE THE DTE MODEL WHICH 

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CUTS OUT THE INSURANCE 

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MIDDLEMAN BY HAVING A COMPANY 

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PARTNER DIRECTLY WITH THE 

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LOCAL HEALTH SYSTEM AND 

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FRANKLY WHEN IT COMES TO 

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HEALTH CARE IT'S HARD 

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>> YOU ONLY HAVE SO MANY 

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LEVERS THAT YOU CAN CALL IN 

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AND WE SPENT A LOT OF TIME 

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THINKING ABOUT HOW CAN WE TRY 

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AND INNOVATE OR OPTIMIZE OUR 

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HEALTH CARE OF IT 

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>> THE PARTNERSHIP WITH SOUTH 

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BEEN BEACON HEALTH INCLUDED 

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OPENING AN ONSITE FREE CLINIC 

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AT ITS CURRENT HEADQUARTERS 

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FOR EMPLOYEES AND THEIR 

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FAMILIES KEN CRESTS AS THE DTE 

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MODEL SAVED MORE THAN $800.000 

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LAST YEAR ALONE AND TOTAL 

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HEALTH CARE EXPENSES THERE 

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HAVE BEEN 

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>> HUNDREDS OF THOUSANDS IF 

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NOT MILLIONS OF DOLLARS IN 

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SAVINGS BY RENEWAL RATES NOT 

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INCREASINGLY WET SEVERAL YEARS 

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WITH 0 AND SO I THINK THAT IN 

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ITSELF IS A STORY I DON'T KNOW 

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THAT THAT'S IS THAT MANY 

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BUSINESSES OUT THERE THAT HAVE 

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SEEN A 0% INCREASE AND RENEWAL 

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RATES 

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>> THE DTE MODEL HAS BEEN GOOD 

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MEDICINE FOR OTHERS TO 

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HENDRICKS REGIONAL HEALTH HAS 

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MORE THAN 600 DTE CONTRACTS 

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WITH WHO'S YOUR EMPLOYERS 

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CREST IS NOW USING THE MODEL 

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AT 3 OF ITS LOCATIONS AND 

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CARMEL IS NEXT AND WE'LL ALSO 

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HAVE AN ONSITE CLINIC WE CAN 

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SAYS THE MODEL ISN'T FOR 

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EVERYONE BUT IT IS AN 

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OPPORTUNITY TO BE INNOVATIVE 

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>> WE FEEL ALSO THAT KIND OF 

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HOLDS OUR FEET TO THE FIRE AS 

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A HEALTH CARE PROVIDER AND 

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THAT'S A GOOD THING AND WHEN 

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IT COMES TO PROVIDING VALUE 

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FOR THE EMPLOYER BEING 

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TRANSPARENT WITH AND THEN THAT 

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HAVING A CONVENIENT MODEL 

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>> BEACON WILL ALSO BE THE 

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PROVIDER FOR THE ONSITE CLINIC 

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HERE AT CAMP REST WHEN IT 

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OPENS AND THAT WILL BE BEACONS