Archive for May 16th, 2017

Attention Insurance Producers: Join Us And Earn Millions!

Tuesday, May 16th, 2017

omg This beats this! – BCBS To Pay $50,000 Broker Sales Incentive Each Fully Insured Group Sold

We have previously executed a similar strategy with a prescription benefit management company, Partners Rx (PRx), which we sold for $100,000,000 to Magellan Health in 2013.  That sale resulted in many producers receiving $1 million to over $4 million.  We anticipate that this opportunity will be even more lucrative.

(more…)

Tell Us Your Outrageous Health Care Stories

Tuesday, May 16th, 2017

 klepper

By Brian Klepper

Dave Chase, who has been our most eloquent teller of health care craziness stories in recent years, sent out a request the other day for alarming stories from the broker/consultant sector. He wrote:

Benefit brokers get paid more for doing a bad job (i.e., allowing healthcare costs to go up pays them more since they make a % of costs in many compensation schemes). They can get rewards for driving up spending such as trips or other undisclosed compensation. Tell us some of the most outrageous compensation schemes that help fuel hyperinflation in healthcare.

(more…)

UHC Pulls Plug On No-Charge Primary Care Plans

Tuesday, May 16th, 2017

actuary1111

A stunning failure of Relationship-Based Primary Care – Value-Based Benefit Plans?

UnitedHealth Group is shutting down its health plan experiment featuring staff providers offering unlimited primary and behavioral care at no charge………….Relationship-Based Primary Care – value-based benefit designs

(more…)

Patients Are Flocking To Urgent Care Clinics – Now Hospitals Are Too

Tuesday, May 16th, 2017

urgent12

The clinic business model is straightforward and attractive: Treat as many patients with minor injuries and illnesses as quickly as possible—usually in 30 minutes or less………..A typical immediate-care center sees 294 patients each week, a number Kalorama predicts will grow for the next four years. Per-site revenue is expected to increase to nearly $1.7 million by 2021……….

(more…)