Catalyst for Payment Reform August 25, 2025
In this episode of Listening (With Permission), Andréa Caballero of Catalyst for Payment Reform sits down with Swati Mathai—CEO and co-founder of XO Health—to explore how employers can finally move beyond the limits of legacy health plans. With more than 25 years of experience advising Fortune 500 employers, leading strategy at UnitedHealthcare and Anthem (now Elevance Health), and now building XO Health from the ground up, Swati shares why the only way forward is to start fresh.
Key Insights
A Blank-Slate Blueprint for Healthcare
Swati describes why renovating legacy health plans is like modernizing a century-old house: painful, costly, and never quite right. With XO Health, she started from scratch—designing a new “central nervous system”...







