Tom's Truths

Don’t Buy a Health Plan for Employees, Build your own

February 13th, 2019
truthinbenefits

Don’t Buy a Health Plan for Employees, Build your own

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 Health Insurance Still A “Benefit” to Employees?

January 25th, 2019
truthinbenefits

Is Health Insurance Still A “Benefit” to Employees?

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?

Musings and Observations from a Week with Benefits and Healthcare Industry Disrupters

September 27th, 2018
truthinbenefits

Musings and Observations from a Week with Benefits and Healthcare Industry Disrupters

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

Have Employers Played a Role in the Opioid Epidemic?

September 3rd, 2018
truthinbenefits

Have Employers Played a Role in the Opioid Epidemic?

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?

Break Up with Broker Service & Get More Out of Your Group Plan

May 2nd, 2018
truthinbenefits

Break Up with Broker Service & Get More Out of Your Group Plan

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

Direct Primary Care: An Answer to Rising Insurance Premiums

March 7th, 2018
truthinbenefits

Direct Primary Care: An Answer to Rising Insurance Premiums

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