Day: April 8, 2024
SHADOW PRICING: Marketing’s Preferred Approach To Underwriting
Proper rate setting must be based on one’s own risk not based on someone else’s. That’s simple common sense. To do otherwise is a recipe for disaster.
Continue reading SHADOW PRICING: Marketing’s Preferred Approach To UnderwritingPlan Sponsors Face Punishment If They Screw Up Their Health Plan

More Risks, More Opportunities for Employers in Healthcare
Heightened legal risks are forcing many employers to reconsider their hands-off approach to purchasing healthcare — delegating the management of plan assets to insurers or third-party administrators owned by insurers.
Continue reading Plan Sponsors Face Punishment If They Screw Up Their Health PlanPatient Accidentally Drinks A Bottle of Invisible Ink…

He’s now at the hospital waiting to be seen……………
Continue reading Patient Accidentally Drinks A Bottle of Invisible Ink…More Lloyds of London History by Miller

By Paul Miller
This picture shows Audrey Hepburn receiving treatment after injuring four vertebrae. It was an injury that cost her insurer Fireman’s Fund $240,000.
Continue reading More Lloyds of London History by MillerWhen Free Market Leadership Fails, Government Steps In
Many Americans look to government for help since a free market in American health care doesn’t exist when it could. When plan sponsors grow balls and take action against the Medical Industrial Complex good things happen. But like anything else in life, leadership only succeeds when followers heed the siren.
Continue reading When Free Market Leadership Fails, Government Steps In