Important Steps Business Owners Can Take To Reduce The Cost Of Health Care
You know what?
It’s ok to admit you don’t know everything.
In fact, when we do that it usually opens us up to information we’d normally be blind to when we think we know it all.
Health care is one of those areas where business owners need to admit their ignorance.
If they don’t, they’ll end up paying a lot more money then they need to.
Check out this article called “All Employers CAN Reduce The Cost Of Health Care” by Wendy Lynch and discover five important steps you can take to pay a lot less for health care coverage…
Summary: The only way to get an informed purchaser discount is to make the process transparent and work with someone who only has a financial incentive to save you money.
“What health plans and brokers don’t want you to know….
“Sometimes it’s humbling to admit what you don’t know. It’s even worse to realize that you don’t know what you don’t know (YDKWYDK – pronounced, yidick-widick). Well, last fall I was hit square in the face with an embarrassing case of YDKWYDK. Silly me, I presumed that within certain boundaries, actuarial science is, well, a science. Based on the experience/characteristics of a population, and the design of a plan, there was a narrow range within which premiums would be assessed. Not exactly.
Informed Purchasers Can Get Better Coverage And A Lower Cost
“I advise employers about how to manage health care costs. That’s what I do for a living. Well, I discovered there is a process for uncovering available savings of which I’ve been unaware. Let’s call it the informed purchaser discount. It turns out if you…”
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