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Why health equity is important to run a business

What does it mean to have healthy equity? Darryl Lockett, the Director of Health Equity for Anthem Blue Cross and Blue Shield, has the answers.

“We begin with the data. I drill down into the data to get a better understanding of the disparities that exist and the inequities that percolate in the outcomes that we’re trying to move. We have a fundamental belief that each person has an opportunity and a right to have the best health care that they can possibly have, and live the quality of life that they deserve,” Lockett explained.

Lockett wants to make sure that certain communities and individuals who are interacting with healthcare in different ways and may not be receiving the best experience get the healthcare benefits they need.

He says it’s more than a business initiative. It is a moral and social imperative to take care of the community we live in.

“We really want to make sure that we’re doing all that we can from the managed care perspective to equalize and make equitable the playing field that each individual lives, plays, and enjoys life in Indiana,” he said. “Fundamentally, we believe that we must be good citizens. It’s a part of our corporate and social responsibility to take care of those who live around us.”

Watch the full interview above to learn more about how you can use health equity to run a business.