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 flowRecruiting/retaining the employees you need for your enterprise to flourishReducing non-compensation costs…and maybe one or two more. Take a Listen
Something that keeps CFOs up at night Read More »
Are you interested in creating long term value for your organization? Would you be interested in creating long term value in your health plan? Forward thinking employers are applying Cash Management Office principles to their healthcare budgets with positive results. Curious? Here is how it fits in: Area of focus How
Cash Management Office Read More »
Employees are your most valuable assets, but many businesses overlook the importance of having a workplace safety program in place to protect them. Loss control is about employers caring for their workers’ safety. Successful loss control programs are means of reducing injuries and the severity of a potential accident. If you want to reduce the
Injury and Illness Prevention Plans Save You Money, Period! Read More »
Growth still matters, and CFOs are anticipating growth moving forward (According to Brainyard, the Oracle research arm). And, more importantly, some things don’t change: Top line growth is good. Profit is better, and you can’t cut your way to growth. I’m going to disagree with that last one just a little bit. There is
CFO Responsibilities Read More »
U.S. employers are expecting their group health insurance costs to climb 4.4% in 2021, despite the ravages of pandemic and a likely uptick in health care usage next year, according to a new survey. The expected rate increases are on par with much of the last few years, when insurance premium inflation has hovered between
Uncertainty Weighs on Group Plan Cost Expectations Read More »
Somethings don’t change. I did this interview with Mabel …. everything I said is still true… Taking on your Rx Spend is the FASTEST way to start controlling your spend. Access to care – high quality, price accessible – is the backbone of your plan and the second best way to control your costs. Find
Timeless Principals Read More »
The federal Department of Labor has proposed a regulation that would make it easier for employers to classify workers as independent contractors. The regulation would use an “economic reality” test to determine a worker’s status. This means that if worker is an employee of a hiring entity “as a matter of economic reality, the individual
Proposed Rule Makes Independent Contractor Classification Easier Read More »
McKinsey & Company might know about Leadership. It’s their business to research! The CEO Moment is their new report about how CEO Leadership is changing right now. We’ve linked to it in the blog. The key takeaway: Intentionality What, exactly, does this have to do with your health care spend Exactly the
What does McKinsey know about Leadership??? Read More »
With large employers expecting health insurance rates to climb 5.3% in 2021, they are concerned about how the COVID-19 pandemic will affect overall health care costs in the coming years, a new survey has found. Those expectations gleaned from the survey by the National Business Group on Health would mean average premiums and out-of-pocket spending
Pandemic Clouds Health Insurance Cost Predictions 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!
