We all see that COVID-19 is affecting us in multiple ways. Every day, our media gives us cumulative COVID-19 test results – total cases and infections, number of hospitalized individuals and of course, deaths. COVID-19 weighs heavily on employers who are at the same time,...
Surprise billings not only can spoil your day, they can create despair and drive some people toward bankruptcy. This is an example of our consumer-unfriendly health care marketplace. ...
Today, employers need to explore emerging trends in health care prices and spending. The right strategy today can save a large amount of money tomorrow. What is happening in Minnesota? “…the individual and small group health insurance plans in Minnesota reflect increasingly stable markets, even as...
We’ve been trusting health care financial “experts” to deliver “affordable” care, but they are failing. The “experts” have given us an average annual 6.1% premium increase during the past 20 years. During this same period, the Consumer Price Index (CPI) averaged 2.1%. Health...
Employee benefits and health insurance open enrollment is, without a doubt, more complicated than usual this year thanks to COVID-19. Yet enrollment remains a vitally important management process for employees and employers alike in maintaining a positive work environment. Ensuring that employees understand their benefit plans...
Going forward, affordable health care benefits require increased price transparency, but more than price is needed. Also necessary are new group insurance strategies – like the BENIC plan....