ST. LOUIS, Missouri, March 27, 2019—The Missouri Society of Certified Public Accountants has partnered with benefit advisory firm, Simpara to launch a first-of-its kind association health plan for its members.
A key component of the Health Rosetta strategy is transparent advisor relationships. This week, legislation was introduced by the Senate HELP committee with Chair Lamar Alexander (R-TN) and ranking Democrat Patty Murray (WA) that, among other things, will require brokers & consultants to disclose all their sources of compensation.
A recently published joint report between the Leapfrog Group and John Hopkins finds that the risk of death for hospitals ranked D or F is double that of A-rated facilities. If hospitals with D or F grades performed at the A level, we could prevent 50,000 deaths each year.
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.