According to the World Health Organization, the biggest issue globally in health care is non-communicable diseases (NCDs) such as cardiovascular diseases (heart attacks and stroke), cancers, chronic respiratory diseases (chronic obstructive pulmonary disease and asthma), and diabetes. According to the World Economic Forum (WEF), these diseases cause 70% of deaths worldwide and the cost to fight these diseases will surge to $47 trillion by 2030.
Studies show factors such as lifestyle, genetics, social circumstances, medical care, and environmental exposure can directly impact the prevention of NCDs. Lifestyle changes have the largest impact of all these factors, representing 40% of the impact (Source: Mcinnis, et al (2002). The Case for More Active Policy Attention to Health Promotion. Health Affairs, 21 (2): 78-93).
Ultimately, citizens’ health is at stake. But the impact of NCDs is not one dimensional. NCDs affect the cost of health care. And, the medical claims’ burden associated to NCDs is an astronomical number that has a large impact on financial reserves. These reserves could be used for further research and/or to help fight these diseases vs. being used to pay to treat them.
Senior Director, Oracle Health Insurance
Oracle Financial Services Global Business Unit
Glenn Lottering is a seasoned insurance and healthcare industry leader and the Senior Director for Oracle Health Insurance Solution Consulting within Oracle’s Financial Services Global Business Unit.
Leveraging his 25 years of health insurance and IT product experience, Glenn manages a global team of subject matter experts, supporting the growth of the insurance business, ensuring that Oracle continues to maintain its leadership in the market and grow its market share. Glenn has delivered solutions in conjunction to the case for change that creates the foundation for customers in transforming their business to meet the needs of a fast changing health insurance industry.
Glenn is widely regarded as a thought leader in the market for Health Insurance, Wellness, Digital Insurance transformation, Bancassurance, regulations for insurance, Insurance analytics, and core transformations in the insurance market. He is one of Oracle’s lead strategists for Insurance and provides advisory into for top tier accounts.
VP & General Manager
Matt Park is VP & General Manager of dacadoo americas, the “Health Score” company. The dacadoo digital health platform enables Health and Life Insurers to engage members in active and healthy lifestyles. Matt works with insurance companies throughout North America to help them create unique strategies to acquire and retain the new generation of consumers.