by Frank Stichter, MHP | Mar 30, 2021 | Uncategorized
Is your insurance broker completely transparent with their compensation from your group? Most brokers get paid commissions by insurance companies – the most common of which is Blue Cross, United, Cigna, Aetna (BUCA). Their commissions come as a percentage of the...
by Frank Stichter, MHP | Nov 25, 2015 | Uncategorized
Ah, the fall colors, football, and cooler crisp morning air – you might be thinking that I’m referring to the colorful fall season we enjoy every year. Actually I’m referring to that wonderful time of year that occurs for roughly 70% of employers in the U.S. – health...
by Frank Stichter, MHP | Nov 4, 2015 | Uncategorized
Albert Einstein authored the definition of Insanity: “doing the same thing over and over and expecting different results”. This is so true in the world of healthcare plans, that it drives me nuts. Insanity can come from 2 sources: the broker and/or the employer. In...
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...
