Vero Advising collective professional background in health plan administration, hospital managed care, and agency operations exposed us to the good, the bad, and the ugly of the healthcare and benefits business.
The term self-insurance in the context of group benefits elicits a visceral fear and anxiety among a number of employers. Whether it be the perception that they are “too small” to self-insure or they had a bad experience with a self-insured plan back in the 90’s. Stated plainly, self-insuring your medical plan is THE ONLY… Continue reading Don’t Buy a Health Plan for Employees, Build your own
Is offering group health insurance for employees still a benefit? In contemplating this question, I thought of ole Frederick Nietzsche and his philosophy of Amor Fati, meaning Love your Fate, all of it. In his thought experiment, he imagines an existence where you live your life, day after day, in the exact same way for… Continue reading Is Health Insurance Still A “Benefit” to Employees?
I know that most of you don’t like thinking about the health insurance industry much less spending a week with people who have centered their profession around it. But, I actually get really energized about this stuff and love the ability to surround myself with like-minded individuals who are looking to disrupt the status quo.… Continue reading Musings and Observations from a Week with Benefits and Healthcare Industry Disrupters
Employers, are you complicit in the worst public health crisis in 100 years? We’re talking about the opioid epidemic. Asking whether employers have played a role might seem far fetched, but it is the exact question explored in a new book by Dave Chase. The Opioid Crisis Wake-up Call looks at the health care system… Continue reading Have Employers Played a Role in the Opioid Epidemic?
Ah, insurance. It’s a topic that insights feelings of anger, frustration, confusion, boredom and resentment among individuals and employers alike. Everyone needs it, but no one looks forward to shopping for it. Benefits can play a crucially important role in achieving strategic business goals. Be that as it may, most employers are less than excited… Continue reading Break Up with Broker Service & Get More Out of Your Group Plan
Most people dislike their health insurance, and yet we use it for every healthcare purchase. Why is that? We’ve been conditioned to believe that insurance will reduce our healthcare expenses, but that isn’t necessarily the case. In fact, the involvement of insurance providers may be increasing the cost of healthcare in some instances. The Traditional… Continue reading Direct Primary Care: An Answer to Rising Insurance Premiums
