A huge thank you to everyone that came out to our healthcare summit on March 5. We had an incredible turnout and even more enriching discussion due to your participation. check out the video below and a note from our president about an exclusive offer.
OptumRx, one of the big three pharmacy benefit managers in the industry and subsidiary of UnitedHealth Group, made headlines last week in announcing that they would pass along pharmacy discounts from drug manufacturer rebates to all new employer customers.
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.
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.
Value-Based Primary Care is the cornerstone of high-performing health plans. Beyond an exceptional clinical experience and downstream impact of removing insurance from the doctor-patient relationship, many practices share their discounted fees on tests, labs, and medications
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.
This past year, the Missouri Chamber of Commerce unveiled it’s new association health plan designed for small businesses across the state to obtain affordable health insurance. Association plans have come into focus given recent federal attention and when designed appropriately can yield sustainable cost savings. The Missouri Chamber plan however, unfortunately misses its mark.
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.
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!”