by Frank Stichter, MHP | Oct 6, 2015 | Uncategorized
Is important to understand how brokers get compensated and how much they charge and earn. Under ERISA, disclosure is required but not all compensation is necessarily disclosed all the time. Compensation to a broker, can be received in the way of commissions and/or can...
by Frank Stichter, MHP | Oct 5, 2015 | Uncategorized
A Pharmacy Benefit Manager (PBM) is a third-party administrator or TPA for pharmacy claims, and is analogous to a Medical TPA except the are paying pharmacy claims instead of medical claims. These are the following are primary responsibilities of PBM’s: Processing and...
by Frank Stichter, MHP | Oct 1, 2015 | Uncategorized
A lot of people ask me “what is it that I do”? I could go on and on about what I do, but it’s best summarized by telling them “I try to get people to do what they don’t want to do” and they ask “what’s that”? I say “change”. I’m a healthcare...