Fiduciary Healthcare Responsibilities

More on Fiduciary Healthcare Responsibilities

Yesterday I wrote a little bit about the fiduciary healthcare responsibilities that employers hold given that companies invest our healthcare dollars in plans and structures that can be quite costly. In his book The Opioid Crisis Wake-Up Call, Dave Chase writes, "Given the wide cost differentials, CFOs and CEOs are failing in their fiduciary responsibility … Continue reading More on Fiduciary Healthcare Responsibilities

Self-Insured Health Plans

Self-Insured Health Plans

"A self-insured health plan," writes Dave Chase in The Opioid Crisis Wake-Up Call, "is established when an employer sets aside some of its funds to pay for employees' medical expenses. Employees then contribute to the plan rather than pay traditional premiums."   In the United States, it is not uncommon for large employers to chose … Continue reading Self-Insured Health Plans

Another Note on Healthcare Brokers

Another Note on Healthcare Brokers

A point that Dave Chase makes in his book The Opioid Crisis Wake-Up CallĀ is that employers are not fulfilling their fiduciary duties to their employees with regard to the healthcare products that they offer as benefits. I mentioned earlier that many companies have an HR person in charge of health benefits who doesn't really understand … Continue reading Another Note on Healthcare Brokers

Employers, Employees, and Opioids

Employers, Employees, and Opioids

One of the frustrations I have with modern day America is how frequently employers say that their greatest asset is their employees, but don't back that statement up with actual action that helps improve the lives of their employees. Many of us work 40 hours when our work could reasonably be completed in fewer hours, … Continue reading Employers, Employees, and Opioids

Businesses and Healthcare Solutions

Businesses and Solving Healthcare Problems

We often overlook businesses when we think about the problems in American healthcare and how we can fix the issues that plague our system. But about half of all American's receive their health insurance as a benefit provided by their employer. Businesses purchase and provide health insurance for millions of Americans, and must think about … Continue reading Businesses and Solving Healthcare Problems