Health Care Finance

Let’s hope none of us will ever need Hemgenix (a gene therapy for hemophilia B),and even if your prescription plan covers it, imagine what it would do to everyone’s premiums....

By Greg Dattilo, CEBS & Grant Dattilo The 2023 Minnesota Legislature attempted to take major steps toward creating a government-dominated health care system. However, because of public pressure from a variety of groups and individuals – consultants, providers, employers, patient advocates, etc. – the legislature delayed...

Health care is too expensive, too complicated, access is becoming more difficult and wait times are increasing. Although quality among physicians remains high, there are severe and growing staff shortages across the medical profession and as a result, a decline in quality has begun. There is...

Recently, employers were surprised and frustrated by a new government-required mandate regarding health insurance premium reporting.  Employers had received a notice requiring them to report insurance premium cost data to their insurance companies. The insurance companies, employers were told, would then report this data to the...

Why are employers and employees paying so much for their health insurance? The national average employers spend per employee for medical insurance is $11,498, and the national average each employee spends is $3,631. Dattilo Consulting, Inc. average employers spend $6,113 per employee for medical insurance...

The employee should carefully consider whether, as an elderly employee, he or she should leave the company’s health plan and enroll in Medicare or stay on the employer’s plan. Both the employee and employer will want to seek wise counsel as there are advantages and...