It’s the wild west out there in healthcare! News about mergers, acquisitions, partnerships, venture capital, technology, etc. are in the headlines daily.
If you haven’t heard, Baylor Scott & White and Memorial Hermann recently announced a merger. The planned combination of Dallas-based Baylor Scott & White Health with Houston-based Memorial Hermann Health System would form a 68-hospital system, making it the largest in Texas and among the largest nationwide, with annual revenue in excess of $14 billion.
How many of your clients find healthcare and insurance complicated and expensive? Pretty much everyone, right?
Employees face challenges engaging a confusing system and employers deal with ever-growing costs associated with that same system.
Today I’m sharing 3 reasons healthcare navigation with our new advocacy partner, Compass Professional Health Services, can be a game-changer for your clients and their employees.
Late September in New Orleans, Employee Benefit Advisor (EBA) and Employee Benefit News (EBN) hosted their Benefits Forum & Expo. Because it’s virtually the last benefit conference of the year, it’s like the exclamation point on the benefits industry for 2018.
I attended and taught at more than 30 conferences this year. This particular one has a broader view than most because the attendance is split between benefits consultants and HR experts from mid-sized to large employers.
UGH, healthcare costs! We deal with the topic every day, but do we know the stats?
According to Milliman Medical Index, annual medical costs for a family of four is now nearly $27,000 – up $5,000 in the last 4 years. Employees are paying more for healthcare than ever before, too…
I’ve attended multiple employee benefits industry conferences this year and I always get questions about how brokers and agencies can become better marketers.
What was your first experience at a large industry convention? I just attended my first National Association of Health Underwriters (NAHU) convention this week and it definitely did not disappoint. From legislative updates and professional development to networking and awards celebrations, it was a full event.
But, the most amazing aspect was seeing our association grapple with the current industry challenges and discuss innovative solutions.
I’m sharing our team’s top seven takeaways from this year’s NAHU convention…
“What are you doing for employees that don’t qualify for benefits or didn’t elect health insurance coverage?” If you aren’t already asking your clients and prospects this question, I’m urging you to start!
Although rising health insurance premiums may make the question challenging for employers to answer, it’s also become increasingly important to ask. I see that there are two distinct ways to serve the unbenefited…
1) benefits the employer can provide
2) benefits the employer can offer
What’s your mid-year strategy? The next couple months carry vast opportunity with both current clients and prospects. There’s no looming renewal deadlines or employer end of the year close-out urgency or organizing open enrollment meetings. So how are you leveraging the time?
I’m sharing 3 ideas to help make the most of your mid-year efforts….
We LOVE our freshbenies!!
We went on a cruise and right as we were finishing our trip, my son got sick. We were 9 hours from home and had planned to just drive home that day.
I called Telehealth, got him a prescription called in to a local pharmacy while we were still in Galveston and got him all taken care of. Total lifesaver!