Archive for December 30th, 2018

Worshiping the False Idols of Wellness

Sunday, December 30th, 2018

Before we go further, I’d like to clear something up: Wellness is not the same as medicine…….

(more…)

Texas School District Set To Close 12 Schools

Sunday, December 30th, 2018

Austin school district officials are proposing closing 12 schools, among other cost savings that total $55.1 million, as the district faces a deficit for the third year in a row…………….but will they address their second largest expense – health insurance? They can cut millions while improving benefits at the same time but no one seems to have told them that…………………….Meanwhile a large municipality near Houston continues to sell city land to pay for health care for city employees…………..

(more…)

Underwriter Opines on Reference Based Pricing

Sunday, December 30th, 2018

By David Stanard   VP, Underwriting Manager at Excess Risk Reinsurance Posted on Linkedin

As an underwriter, I’m always surprised by the examples given when discussing RBP. They always seem to omit the fact that RBP has almost NO impact on an employers drug spend. In today’s market, that’s 30-40% of your cost.

(more…)

Reference-Based Pricing: a Welcome Disruption

Sunday, December 30th, 2018

Disruptors Change History in Boston – “Tea Anyone?”

These plans are a game-changer in our industry, and a much-needed disruption to the status quo……………

(more…)