Group Plan Cost

49 second read It’s not just the cost of healthcare, it’s also the time and energy you have to put into managing your health care costs…. Or maybe you don’t manage your costs at all, you spend as little time as possible dealing with the renewal because you think – and have been trained by […]

42 second read P&L responsibilities are tough… and I want to give you a different perspective on how to increase your EBITDA and find cash flow. Most company leaders don’t look at their healthcare budget when planning for the next year. Budget season is coming up (coinciding with renewal season for many) and I challenge

18 second read Don’t be like Elon Musk! There are many, many reasons to get ahold of your healthcare costs: – Long term budget control – Minimal annual plan increases – Better access to high quality care for the humans (my top reason) And there are three things NOT to make you like Elon Musk…

2 minute read Yes, you make them. Healthcare isn’t just about the budget. It is about the people who use it and how they can – or cannot – access care. My most successful clients always tell me this: “Look, we are not wild about what we spend on healthcare, but we’ll spend it…. If

12 second read Insurance contracts are all the same right? Well – do Jimi Hendrix and Eddie Van Halen play guitar exactly the same way? NO Insurance contracts are the same way.The components are the same, but the result can be WAY WAY different.   How different?

11 second read What do these three things have in common?  Knee Replacements  MRIs  End Stage Renal Disease Find out here: Watch the Full Video

32 second read I hear quite a lot “why isn’t this covered????” Usually, the answer is it is covered, it just isn’t paid for yet. People DO NOT like this answer. I am sure you might have experienced this. These are the four ways people pay for health care, if they have insurance:  Copay  Deductible  Co-insurance 

36 second read I was involved in a discussion about health plan components last week (yes, only for insurance nerds…) and I heard the best explanation of how a health plan should work EVER. Plan Sponsors are the Master. All service providers are Servants to the Master.  I believe in common law, if Servants withhold

21 second read Solving Health Insurance problems is just like solving every other problem you have (successfully) solved in your business – and let’s be real… You’ve solved a lot of problems!!! Here is the crux of it: Do you take the discounts every time you can?  Net 10 or Net 30? Those savings can

48 second read On today’s episode we are going to talk about premium discounts. I talk with clients all the time about what they need and what they want in their health plan. This particular conversation might be interesting to you because it illustrates what many employers think… but doesn’t get at the heart of