Business

Never insure anything you can afford to replace is good insurance advice… yet we do exactly the opposite with our healthcare budget. This might be a brand new take on health care payment strategies in a way that will bring you faster, better results. See the thing is, when most people when they talk about health care […]

Armies march on their bellies said Napoleon Bonaparte… and Health Plans run on their Summary Plan Description (plan document). When you think about it like that, can you see how your plan document makes it simple to bend your health care plan to your goals and budget? When most people talk about plan documents, they shrivel

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

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?)

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

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

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

An old friend told me this one: If you are not at the table, you are on the menu Big bad wolf imagery aside… most of us don’t want to be on the menu! Are you on the menu when it comes to negotiating your health care plan? If you don’t have full and transparent

About two months ago, we negotiated a fairly large technology purchase for our office – laptops, monitors, docks, the whole nine-yards…. You would have thought we were conducting a military operation with the planning that went into this project. • Apple or Microsoft? • Who needed more storage, cache, or did we all need the

Are you paying your benefits advisor for activity or for results? Are you paying them to administer your plan or to control your costs? There are eight questions you can ask to find out. In the previous article, I shared with you the first four questions. Here are the next four. 5.  What do you