Education
Thought
The Risk Report – April 2024
Download Volume 6, Issue 4 of The Risk Report In this Edition: Study Pegs Group Benefits Return on Investment at 47% Employee Mental Health Leave...
Is A Captive Right For Your Organization?
If you’ve ever explored self-funded health plans, you may have heard of “captives”, but you might not fully understand how they function or what...
Report Details 3 Trends Driving Employers’ Health Care Costs
Pharmacy spending, high-cost claimants and newly developed anti-obesity drugs are expected to shape health benefits and affect the cost of care and...
Recent & Relevant in the Health Industry
Plan Terms – and Their Various Definitions
In early February 2024, news broke of a proposed class action lawsuit against Johnson and Johnson for breach of their fiduciary duty under ERISA,...
Reflections on the Recent Johnson & Johnson Lawsuit
For those of us in the employee benefits world, quite a bombshell was dropped on Monday, February 5th when a class action lawsuit was proposed...
The Shifting PBM Landscape
As we approach January 1st, many employers are yet again seeing increases to the cost of their health plan - an all too familiar product of a health...
Understanding
the Problem
Health insurance rates are rising at an unsustainable pace, and workers are picking up an increasing share of this. Why do employers and employees tolerate this?
The health care and health insurance industries are in a feedback loop, reinforcing the idea that health care gets more expensive each year and so must health insurance. The price keeps going up but no one addresses it, and nothing employers try – from plan changes, employee engagement to wellness programs – makes any real impact.
Not Rocket Surgery
Interested in a little light reading on the topic? In his book, “Not Rocket Surgery,” Mike Hill, RHU, REBC, LIC, explores how to manage your healthcare supply, unleash cost transparency and effectively reduce costs in a sustainable way.