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 is using Flume to administer a Self-funded Health Plan on that employer’s behalf, not just anyone in America buying health insurance. But, when we generally think of a company’s per employee per year spending for a typical health plan starting at $8,000 or higher (Milliman has the average family costs for 2020 @ $28,653), we might think about how to slow down that year over year increase….not reverse it or reduce the current spending by more than 20% or 40%. Naturally, you see why we wanted to sit down and learn more about the Flume program as $5600 seems pretty audacious for and we wanted to dig further.
So, sit back and come join us for a 33-minute chat about health insurance, innovation, and the solutions driving change.
About the author: An avid learner and resourceful leader with a passion for problem solving, Bret is a calming force in the chaos and fast paced evolution of health insurance, employee benefits, and the growing burden of regulatory compliance. He helps people develop the confidence to see beyond the problem at hand and start to re-imagine their goals. Whether he’s helping a client or a colleague, Bret believes a successful interaction is one that allows us all to dream a little bigger when we’re done.
About Generous Benefits: Generous Benefits (www.GenerousBenefits.com) helps employers improve the lives of the communities they serve.