by Frank Stichter, MHP | Jun 29, 2016 | Uncategorized
Fiduciary responsibility has come under increased scrutiny by the Department of Labor with significant liability to Plan Sponsors. I couldn’t have expressed it any better so I thought it best to highlight paragraphs in a recent article by Dave Chase...
by Frank Stichter, MHP | Jun 22, 2016 | Uncategorized
I previously wrote an article Self Funding 101: Bundled vs. Un-Bundled, Part 1 and explained why so many employers are choosing partial self funding as an alternative to a fully insured plan. I also gave an explanation of a bundled self-funded plan and the advantages...
by Frank Stichter, MHP | Jun 8, 2016 | Uncategorized
When I’ve asked an employer how they are paying for, or funding their healthcare benefits, I usually get 1 of 2 answers: “We’re fully insured” or “we’re self-funded.” Fully insured needs no explanation, however the there are various types of self-insured...
by Frank Stichter, MHP | Jun 1, 2016 | Uncategorized
In an article I wrote a couple of weeks ago Hospital Pricing Part 1: Top-Down of Bottom-Up? I spoke of the difference between the two: Top-Down pricing is where an insurance company or PPO Network has negotiated a discount off of the Chargemaster (Billed Charges). ...