by Frank Stichter, MHP | Oct 29, 2015 | Uncategorized
One of the essential required services for a client that a broker should perform is that of writing Request For Proposals (RFP). This questionnaire and inquiry could go to a variety of vendors for proposed services and could include a Third Party Administrator (TPA),...
by Frank Stichter, MHP | Oct 26, 2015 | Uncategorized
Most people don’t think of the Rule Of 72 as having a health insurance application, but it has significant relevance when you look at the growing cost of healthcare. The Rule Of 72 has historically been a Rule used in the investment business, and it’s the Rule of...
by Frank Stichter, MHP | Oct 23, 2015 | Uncategorized
Fully Insured Plans Working with various insurance companies in most cases has become relatively easy for brokers because the choices within any geographic regions or within a given state are shrinking – this is especially true for fully insured plans. The...
by Frank Stichter, MHP | Oct 8, 2015 | Uncategorized
It’s important to understand the type of organization you are working with, or going to be working with if you choose to utilize a broker. The reason it’s important to know is not only what resources and expertise that they bring to you, but also how they operate....
by Frank Stichter, MHP | Oct 8, 2015 | Uncategorized
There are many types of stop loss contracts and reinsurance companies on the market for your partially self-funded plan. It’s extremely important to know what you purchasing and what if any, exposures you might have. Most brokers rely on third-party administrators...
