Behind the Scenes, Health Insurers Use Cash and Gifts to Sway Which Benefits Employers Choose

Behind the Scenes, Health Insurers Use Cash and Gifts to Sway Which Benefits Employers Choose

This recent piece in ProPublica is the most important piece ever written on benefits. Not surprisingly, all 10 of the top benefits consultancies nationwide either declined to comment or didn’t respond.

The Curtain has been pulled back on brokers taking financial incentives from insurers. As a Health Rosetta certified advisor, pieces like this from Marshall Allen at ProPublica (in conjunction with NPR) are critical to build a more transparent healthcare system: https://www.propublica.org/article/health-insurance-brokers-cost-commissions-bonuses.

Even the Best PBM Can't Protect Against These

Knowledge is power, especially when it comes to price variations in healthcare. Many times, the best pricing exists outside of your health plan, but how to get this information in front of employees is the biggest challenge. Even the most transparent PBM arrangements, can’t protect against uninformed decisions.

Discounts off of what?

Dave Chase, co-founder of Health Rosetta, penned an article titled “Have PPO Networks Perpetrated The Greatest Heist In American History?” Originally published in Forbes in 2016, it is an eye opening account of the pervasive waste in our healthcare system.

Vail or Bust - Hear from Tara Conger November 14th

Vail or Bust - Hear from Tara Conger November 14th

If you’ve attended any of our healthcare summits or watched our DisruptHR talk, you probably recall the case study we shared regarding Power Johnson Power System’s incredible healthcare initiatives. Don’t remember? PJ Power Systems was so successful in implementing Health Rosetta-style plan design strategies that the leadership team decided to take the entire team (all 100+ employees) on an all-expense paid trip to Vail, Colorado.

You Can't Fix What You Don't See

Has your company tried, over and over again, to solve ever increasing health care costs?  “Yes, of course we have, but nothing seems to work!” is a common answer. “We bid out our employee health insurance every year through multiple brokers, we reduce benefits to offset rate increases, and we even light a candle 24 hours before year-end renewal!”