Want a brand new take on your healthcare budget?How about 100% Healthcare Coverage in a way that will bring you faster, better, shinier results. Industry Experts are not talking about 100% coverage… what you are typically hearing is….. we have negotiated the best renewal we can… the benchmark increase is 8% and we have negotiated yours […]
New guidance from the Trump administration absolves insurers of the responsibility of paying for COVID-19 tests that are required for workers who are returning to the job. The guidance, released by the departments of Health and Human Services, Labor and Treasury, means that employers will likely either have to foot the bill themselves as they
Insurers Don’t Have to Pay for Testing Returning Workers: HHS Read More »
Here is a brand-new take on The Pareto Principal… let’s call it the Lack (thanks to Craig Lack!) Principal: 10% of your employees are driving 90% of your costs. When most people talk about The Pareto Principal, they don’t think it applies to benefits. Take a look at your claims data (you have that… right?) You will
As more of America’s workers were asked to work from home due to the COVID-19 pandemic, cyber criminals jumped at the opportunity to take advantage, it seems. Remote work means work being handled on the cloud as employees share files and need a convenient way to access them. But cyber criminals are banking on workers
Attacks on Cloud Services Grow Amid Telecommuting Boom Read More »
Here is a brand-new strategy for you – How to control the FREQUENCY of claims. This will bring you faster, better, shinier results. Pinkie promise.See the thing is, when most people talk about Controlling the frequency of claims, they tell you that means you need to limit care or increase the “member responsibility.” When you do that….
How to Control Frequency? Read More »
A study has come out predicting that COVID-19, as devastating as it has been, will have little effect on 2021 group health plan rates, as well as offerings. The study, by eHealth Inc., also found that many insurers have increased utilization of telemedicine and that many of them are extending benefits related to coronavirus testing
What Insurers, Employers Expect in COVID-19 Aftermath Read More »
Every plan is calculated on claims + margin + admin cost + reinsurance + pooling. What happens if the underwriter miscalculates and overestimates your claims? Do you keep that money in your pocket or does it stay in someone else’s pocket? If you are fully insured, it stays in someone else’s pocket. Is that ok with you? Watch Full
Claim In = Cash Out Read More »
As the COVID-19 pandemic wears on and more employees go back to work, the risk of catching the disease for workers has spawned a growing wave of employment litigation. Lawsuits are flying as employers struggle to keep their workplaces safe and negotiate an often-confusing mishmash of new and existing laws and regulations. Regulators have been
More Workers Filing COVID-19-related Lawsuits against Employers Read More »
Do you know what keeps you on top?Many entrepreneurs and “household brands” can find themselves at the top of their industry for a year or two — But do you know what the difference is between the titans and the one-hit-wonders? Innovation and Crazy Ideas…What we are going to share today is a crazy idea
Do You Want to Pay the Anticipated Cost or the Maximum Cost? Read More »
Employment practices and employee benefit-related lawsuits are on the rise – and employers have to be eternally vigilant when it comes to meeting their compliance obligations as plan sponsors. Take the case of Visteon, a global automotive industry supplier, which outsourced its payroll and enrollment/disenrollment functions to outside plan administrators. But because of internal mistakes
Protecting Your Firm from Employee Benefit Lawsuits 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!
