Health Benefits Blog
Five Reasons to Eliminate the PPO Model
If you’re an employee who currently has health benefits through your employer, you likely have a plan through a traditional broker with a Preferred Provider Organization or PPO. Think about your health insurance for a minute. Are you satisfied with your coverage,...
Where Am I Paying Too Much in My Health Insurance Plan?
Inflation naturally occurs each year and raises the cost of living. Healthcare isn’t immune to inflation, and costs for care are bound to increase over time. However, what if you’re experiencing dramatic increases in your health insurance costs–and seemingly not...
How to Show Your Employees You Care with Your Health Insurance Plan
If you’re an employer, health insurance benefits can be a major factor for employee attraction and retention. Since 50% of employees say they’d leave their current company for a similar position with better benefits, you’re at risk of losing your top-performing talent...
How Do I Save Money With a Transparent Health Insurance Plan?
On our previous blog, we discussed what exactly makes up a transparent health insurance plan and how this innovative model differs from the traditional broker-and-carrier model that most companies and employees are used to. One of the major benefits of a transparently...
How Does a Transparent Health Insurance Plan Work?
With all of the changing federal regulations surrounding transparency in healthcare–particularly with hospital pricing and employers’ roles as plan fiduciaries–considering switching to a transparently managed health insurance plan may be a good choice for your...
How to Create a Transparent Health Insurance Plan for Your Company
Health insurance: the one thing every employee needs their employer to provide, yet can never find as far as the perfect plan that works for their life. If you’re an employer, you’re tired of employees’ discontentment with their benefits and feeling like your broker...
Here’s Why It’s Critical Hospitals Publish Their Health Insurance Rates
Rising costs, lack of transparency, fraudulent billing practices and shortcomings of the traditional broker and carrier model have led to a crisis in healthcare. Thankfully, recent federal regulations attempt to right multiple wrongs in the healthcare industry and...
What Is Transparent Pricing in Healthcare?
In a self-funded healthcare plan, knowing just what you’re paying for and how much you and your employer are paying is critical. Too often, employees and employers both are unclear about the costs incurred by a plan and end up paying far more than expected. This can...
What Is Stop-Loss in Health Insurance?
Stop-loss is a common phrase used in the health insurance industry, but what exactly does this entail? Any time you have a self-funded or self-insured plan, your employer will also have stop-loss insurance to cover medical expenses during catastrophic events. A...
Health Insurance Benefits Are No Longer a Perk — They’re an Expectation
The dramatic increase in healthcare, medicine and procedure costs have outpaced inflation significantly. In today’s age, a person without health insurance — or with a mediocre plan not offering the best coverage available — could become sick and end up bankrupt. Due...