by Bret Brummitt | Sep 8, 2022 | 30 for 30, Employee Benefits, Health Insurance, Health Rosetta, Pharmacy, Plan Design, Plan Design
Tip # 25: Become well versed in Cost Containment Strategies Strategic decisions are not made on a spreadsheet when there are factors in the real world that influence cost, quality, and access to health care. There are a plethora of cost containment vendors in...
by Bret Brummitt | Sep 7, 2022 | 30 for 30, Data Analytics, Health Insurance, Plan Design, Plan Design
Should you Explore a Self-Insured or Level-Funded option instead of Fully-Insured? The simple answer is yes. You owe it to yourself and your company to make sure that you explore all options. What you may find surprising is that this may actually be a really...
by Bret Brummitt | Sep 6, 2022 | 30 for 30, Data Analytics, Employee Benefits, Plan Design
For more Day 27: Benchmark your Health Plan, know your numbers What did you notice about your plan this year? Is everything anecdotal, or is it factual? Is your plan a tool to recruitment or a band-aid of acceptability? Who chooses your plan and who goes...
by Bret Brummitt | Aug 29, 2022 | Compliance, Dept of Labor, Employee Benefits, ERISA, Health Insurance, Plan Design
The FICA Reduction & Wellness Plan Scams are back again 1st a word from our Lawyers: Beware of FICA-Reduction Arrangements using Wellness Programs It has come to our attention that certain arrangements are being marketed to employers that are intended to...
by Bret Brummitt | Aug 3, 2020 | Data Analytics, Employee Benefits, Health Rosetta, Plan Design
The Flume Health impact During this interview, Grant Parker says something pretty amazing with the “we are seeing an average of $5600 per employee savings for our clients” Now, let’s point out that Flume is defining clients as the employer who...
by Kalinda Dunn | Jul 19, 2020 | Employee Benefits, Health Insurance, Pharmacy, Plan Design
Should I use my Insurance or an Rx Discount Card for this Prescription? It is once again that time to go to the pharmacy and pick up your prescription. This may be a recurring prescription that you pay for each month as a maintenance medication, or it could...