During their annual budget process, the City of Northville, Michigan analyzed their current expenses while projecting future costs for retirees and current employees. As they started adding the numbers up, they became concerned their liability would grow to an...
Creative Dining Services partners with universities, Fortune 100 companies, healthcare organizations and conference centers to provide a better hospitality and food service management experience. Challenge In late 2018 Creative Dining Services (CDS) reached a breaking...
Within the last two years I was working with a client with approximately 400 employees on their medical plan who was contemplating transitioning from a fully-insured plan to a self-funded plan. Approximately 6 months prior to their potential go live date of the...
Generally speaking, the “fixed costs” (administration, stop-loss/pooling, network access) represent 20% of health plan costs with claims representing the other 80%. As a result, it would be logical for those concerned about cost reduction to focus on the 80%,...