Why Insurers Offer Posit Programs

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A Revolution in Brain Health: Better health outcomes for members and lower healthcare costs Eric Mann, VP Business Development

Transcript of Why Insurers Offer Posit Programs

Page 1: Why Insurers Offer Posit Programs

A Revolution in Brain Health:Better health outcomes for members and lower healthcare costs

Eric Mann, VP Business Development

Page 2: Why Insurers Offer Posit Programs

2©2009 Posit Science Corporation www.PositScience.com

Who is Posit Science?The Leading Provider of Scientifically Validated Brain Fitness Software Programs

Global brain science and aging teams (50+scientists)

Founded by Jeff Zimman and Michael Merzenich (NAS)

Silicon Valley engineers and video game developers

Partners: PBS, Insurers, Adult Ed, Communities

100,000+ new users

Wide press coverage (all networks and major pubs)

Mission: Science to the people!

Research Collaborators

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3©2009 Posit Science Corporation www.PositScience.com

“Normal” Aging:• Slow deterioration of Cognitive Skills

(eg, memory, attention, and processing speed)

• Quality of Life and Functional Decline (eg, difficulty interacting, withdrawal and depressive symptoms)

CognitiveFunction& Quality

of Life

Age

Dementia:• Affects nearly 50% of people age 85+*• Cost of care = $174,000 per person*• Diminishes ability to live

independently

Posit View

of Aging(with cognitive training)

*Source: Alzheimer’s Association

Posit improves member’s health & wellness

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4©2009 Posit Science Corporation www.PositScience.com

What is the proof?30+ published journal articles

Mental Benefits• Improves speed of processing (Smith 2009; Edwards, 2003,2005)• Improves standardized measures of memory& attention (Smith, 2009)• Improves measures of everyday cognitive function (Smith, 2009)

Real-World Benefits• Reduces decline in measures of functional independence (Willis, 2006)• Reduces risk of decline in health-related quality of life (Wolinsky, 2006)• Reduces risk of depressive symptoms (Wolinsky, 2009)• Reduces medical expenditures by ~4% ; ~$250/yr(Wolinsky, 2009*)

Mobility Benefits• Reduces auto crash risk by ~50% (Ball, 2009*)• Reduces dangerous driving maneuvers by ~36% (Roenker, 2003)• Improves stopping distance by 22 feet at 55mph (Roenker, 2003)• Maintains driving frequency, distance, and ability (Edwards, 2005)• Reduces risk of driving cessation by ~40% (Edwards, 2009)• Predicts loss of mobility and fall risk (Vance, 2006; Broman 2006)

• Short Term: Improve memory and attention

• Long Term: Change the trajectory of aging

* In manuscript

The only brain fitness program clinically proven to work in credible studies

Page 5: Why Insurers Offer Posit Programs

5©2009 Posit Science Corporation www.PositScience.com

Why is this important?

• Better health outcomes for members– Mental Benefits– Quality of Life– Happiness

• Reduces loss ratio– 4% reduction in government predicted health expenses (NIH study)– 5 year benefit persistence

• Marketing Member retention/acquisition– Retention– Acquisition– Brand

Improves members’ lives and your business