ComplianceMnthlyRecap MH 5.16.22

The Best Ways to Minimize Your Risk When Selecting a Stop Loss Carrier – Part 2

Posted by: Steven Goethel    Apr 4, 2017 8:30:00 AM

calculator spreadsheet financesIn the first part of this two-part blog, I recommended a number of important items to keep in mind as you select a stop loss carrier. Additionally, here are a few other things you will want to look for, or ask about, when selecting a stop loss carrier. While this is not an exhaustive list, these are some of the most frequent items I have seen that cause issues or gaps in coverage.

Read More

Topics: health care claims, insurance cost control, stop loss coverage, insurance risk management, medical necessity

The Real Promise of Private Exchanges Is Still Ahead

Posted by: Michael A. Fleck    Aug 11, 2016 9:30:00 AM

Changes aheadThe hype about how private exchanges will revolutionize the successful delivery of employee benefits has quieted as the predicted “explosive growth” has slowed considerably. As I’ve long thought, instead of a revolution, a quiet evolutionary process is taking place.

As with many of the previous attempts to “reinvent an industry” – think WebVan and Pets.com – there is a growing recognition of the need to insert non-tech wisdom, sound processes and actual live human beings into the private exchange concept.

Read More

Topics: private insurance exchange, Benefits Passport, Hanna Global, benefits technology, open architecture platforms, insurance cost control, Michael Fleck