DOWNLOAD | The Mechanics of Self-Funding

Self-Funding WP LP OG

Mechanics of Self-Funding Understanding why and how to self-fund your organization’s health plan You’re just one more click or tap away from your Mechanics of Self-Funding download. Our goal is that it helps you decide whether a self-funded health plan is right for you, your organization and your people. Questions? Contact your experts below. Get […]

Weighing the Decision of Self-Funding Your Group Health Plan

talking to advisor about self-funding

This blog is the first of a three-part series on self-funding. Download the full guide to self-funding your health plan here. Between 1996 and 2015, U.S. healthcare spend rose nearly a trillion dollars. Add to that the ever-changing regulatory landscape, and you have a lot to factor into your benefits strategy. Rising healthcare costs and […]

COVID-19 Influences Future Health Insurance Prices: Four Points of View

medical graphs

Much of employer-based insurance is fully insured – meaning the company doesn’t cover costs of coverage directly – rather they pay a certain amount each month (the premium) to a health insurance carrier. Put the percentage of employers we work with who go this route at about 60%. So, if an issue affects the fully […]

Pharmacy Benefits Managers: What You Don’t Know

writing a prescription

The primary goal of a Pharmacy Benefits Manager (PBM) is to contain the escalating costs of prescription drugs and to ensure patients are on the correct or most efficient drugs, and not on those that are wasteful, abusive or dangerous. In a sense, they are a middleman to the middleman. Why are they necessary or […]

5 Takeaways: How the Global Pandemic and Election Year Impact Healthcare

Gavel and stethoscope

Healthcare has long been an important issue in American political discourse. However, as Election Day nears, it’s become an increasingly hot-button issue due to concerns about how COVID-19 could affect voter turnout, how a Trump or Biden administration would handle the pandemic in the coming year, and the longer-term future of U.S. healthcare—including the controversy […]

Three Cost Containment Strategies in Healthcare Benefits

bar chart with stethiscope

Healthcare consumers and employers who sponsor benefits plans continue to battle rising costs. According to a March 2019 Peter G. Peterson Foundation article, the United States spent roughly $3.5 trillion, or more than $11,000 per person, annually. As a percent of GDP, we currently spend 17% on healthcare, and most economists expect this number to […]

Hospital Pricing Rule is a Step in the Right Direction

It seemed like a good idea: “Since so many people are frustrated by healthcare pricing that can seem secretive and arcane, let’s require hospitals to make their prices public.”

The Mechanics of Self-Funding

Self-Funding WP LP OG

Mechanics of Self-Funding Understanding why and how to self-fund your organization’s health plan In 2020, 67% of working Americans were enrolled in a self-funded health plan, compared to just 44% in 1999. Self-funding is clearly a growing trend. Sure, that stat doesn’t tell the full story. But, with a self-funded health plan, your organization will […]

Am I Offering the Right Benefits Package?

desk with employee benefits on notepad

Benefits have always been a key factor in the employee-attraction equation, but recent research suggests they’re becoming even more important. Which means you need to get them right if you want to attract the best people and keep them feeling happy and fulfilled. According to MetLife’s 2018 Employee Benefit Trends Survey, 62% of employees say […]

Unexpected Partners Addressing Employee Health Care: Much Needed Solutions

In the past week, three titans of industry (Amazon, JP Morgan Chase, and Berkshire Hathaway) who normally would not be thought of as partners, defied conventional wisdom and in a joint statement announced they are working together to solve health care. Initially they will focus and test their solutions within their own businesses and employee […]