Archive for May 16th, 2012

Randall Childers Proposes Astounding Concept

Wednesday, May 16th, 2012

       Has Randall Childers lost his marbles? Or is he one step ahead of the market? We thought this was our idea (yes we invented the weed eater too, just didn’t get the necessary patent).

Editor’s Note: Unbundling components of a self-funded health plan makes sense, and saves money. Unfortunately many TPA’s have “veto” power over selection of subcontractors.  This kind of TPA control may affect the financial health of the Plan Sponsor as well as fiduciary duties.

From A South Texas Insurance Consultant:         Damn, why did we not think of this approach????

From A Midwestern Insurance Consultant:         Whoa! What a friggin genius!

Average PPO Cost Hits All Time High – Milliman

Wednesday, May 16th, 2012

While cost increases for families enrolled in employer-sponsored preferred provider organizations have slowed since 2010, average total costs per family still hit an all-time high, according to a report released Tuesday by Seattle-based Milliman Inc.