In This Post:
Presenter:
Dan Erstad
Chief Commercial Officer at Monument
Last week, our team had the honor of hosting Dan Erstad, Chief Commercial Officer at Monument, for an enlightening session. Dan shared insights into Monument’s online alcohol therapy program, aimed at fostering healthier and happier lives for employees.
The growing impact of unhealthy alcohol use on employers
- 1 in 11 full-time workers meet the diagnostic criteria for alcohol use disorder (AUD)
- 232 million workdays missed annually
- ~$15,000 annual healthcare cost per employee with AUD
- $179 billion lost by US employers annually
- Alcohol affects heart health, liver function, sleep quality, and more
Despite the magnitude of this issue, only 1 in 20 individuals affected by AUD receives the treatment they need.
Introducing Monument
Monument offers a transformative treatment program designed to empower individuals to redefine their relationship with alcohol, whether through sobriety or moderation. Their program is distinguished by its:
- Member-first approach: Putting individuals’ needs at the forefront of their care journey.
- 100% virtual accessibility: Removing barriers to access with online-based therapy and support.
- Insurance coverage: Making treatment affordable and accessible to all.
Monument believes that achieving a healthier relationship with alcohol is an achievable goal worth celebrating. By providing evidence-based care through a combination of pharmacology, psychotherapy, and peer support, Monument is at the forefront of addressing AUD.
Monument’s three care pathways
Community
- 70+ weekly moderated groups
- Self-guided resources
- Monument Live events
Therapy
- Live video appointments with a therapist
- Cognitive behavioral therapy (CBT)
- Motivational interviewing
Physician Care
- Live video appointments with a doctor
- Medication options, including
- Naltrexone and Disulfiram
Best-in-class engagement
Monument’s impact speaks for itself:
- Over 80,000 community members
- 25,000 members who have received treatment
- A remarkable 95% engagement rate at 34 days, far surpassing industry benchmarks
- Rapid access to treatment, with an average of just 5 days from sign-up to the first appointment
- Exceptional satisfaction ratings, with a 4.8 out of 5 stars from thousands of reviews of clinicians and support groups.
The Monument/employer partnership
Monument collaborates with employers to offer virtual alcohol treatment, including community-based peer support, therapy, and physician care. They are in-network with major insurers such as United, Cigna, Aetna, and Anthem.
Their partnership model is straightforward and supportive:
- No contract or administrative fees
- No tech integration or eligibility files required
- Clinical treatment costs are pass-through
- Monument handles all billable claims
Employers partnering with Monument receive:
- FREE community access for all employees and dependents
- Content and communications materials to engage employees across channels
- Quarterly engagement reporting
Contact Monument today
Don’t hesitate to reach out to the Monument team today to provide your employees with access to licensed therapists and physicians, and to offer insurance-covered alcohol treatment.
Dan Erstad, Chief Commercial Officer – dan@joinmonument.com
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