GRAPHIC SOURCE: Chelko Consulting Group
An insurance broker for a 10,000 member Texas public school district is said to be earning $2 per prescription in undisclosed commissions.
If the average number of scripts is 10 per member per year, how much is the broker earning?
The broker is not violating any of the new federal transparency mandates because they do not apply to non-ERISA groups. A public school district health plan is not subject to ERISA.
It’s business as usual in the non-ERISA world of insurance.
