27 second read Have you ever heard this expression? Privatize the gains and socialize the losses Here is one area where this is happening: Prescription rebates. You pay full price (or AWP or some other price) and someone else keeps the rebates… or even better, gives you and “admin credit” for the rebates. Do you […]
Privatize The Gains Read More »
3 minute read The commercial insurance rate hikes that have been ongoing since 2017 are expected to continue into 2021 with double-digit increases for most lines of insurance, according to a new report. The survey of insurance executives by Alera Group Inc. forecasts that commercial rates will increase across all lines nationwide by an average
Survey: Commercial Insurance Rates to Continue Rising in 2021 Read More »
25 second read What could possibly be better than telehealth? How about Telehealth with your own small group of doctors who get to know your employees and can integrate workers comp coverage, wholesale pricing for basic services and the ability to treat workers comp issues onsite without a visit to a workers comp clinic. All
The Next Telehealth Read More »
27 second read What if you could reduce your non-compensation budget – permanently? Would that give you a little leeway for an expected minimum wage increase? The employers we work with are typically not looking to reduce benefits – they are looking at the opposite actually… making benefits work better for their teams and
Fund The Minimum Wage Increase With Your Health Plan Read More »
34 second read At the end of October of 2020, President Trump released an Executive Order instituting the last of the Affordable Care Act Requirements – group health plan pricing transparency. The kicker: Even though companies that offer health insurance will have no ability to implement these requirements, the rules assign them direct liability. You
A New CFO Responsibility – Transparency Read More »
Welcome to 2021! We have a challenge for you this year: If you like to find resources where others aren’t looking, if you are looking to solve the healthcare problem and are focused on long term sustainability… look at your healthcare budget with a different set of eyes. I am going to challenge you to
All Business Ventures Need $$$ Read More »
Sheryl Scully called her contract negotiations with the Police and Fire Unions in San Antonio “contract remodeling.” She needed to bring their benefits costs under controlor they would eventually destroy San Antonio’s Budget. For most of you, this cost is eating you alive also…. And will continue to do so unless you do
I love Sheryl Scully Read More »
Are you paying more in tax than you need to? Is your healthcare plan contributing to it? You betcha. We’ll explain how this happened and how you can stop it. Right here
A PPO network is an indirect tax Read More »
As health insurance costs rise and our workforce ages, fewer employers are providing retiree health insurance benefits to their older workers, and are instead asking them to sign up for Medicare. It’s a delicate situation as some older workers may resent being pushed to Medicare, especially if they’ve worked for their employer a long time.
Helping Your Older Workers Transition to Medicare Read More »
How does the Benefits Spend impact the responsibilities of the CFO? Let me count the ways…. Improving cash flow Recruiting/retaining the employees you need for your enterprise to flourish Reducing non-compensation costs… and maybe one or two more. Take a Listen
Something that keeps CFOs up at night Read More »
This is the face you make after a minor mishap with filming!
My introduction before Craig Lack is now long lost footage.
That’s show biz, right?!
The good news is that Craig is talking about the strategies we’re both using to help organizations liberate the dollars trapped in their health spend.
I’m available after you watch and learn to talk the nitty gritty – how it works, implementation, executive buy-in and employee adoption.
Happy Watching!
