For small businesses, buying and managing health insurance is a “pain in the buns,” to quote my new favorite ad. Not only are its complicated terms, lack of transparency, slow quoting and on-boarding process and paper trail a pain in your buns, but health insurance can be a massive pain in your wallet, to boot. Hidden costs are everywhere.
Whither health insurance? A former medical advisor to the Obama Administration who happens to be the brother of former Presidential Chief of Staff predicted in the New York Times that by 2020 health insurance companies will be extinct. Nearly two years ago, I penned a piece entitled Health Insurance’s Bunker Buster. It outlined two key reasons that health insurance — as we have known it the last… → Read More
“A good scalpel makes a better surgeon. Good communication makes a better doctor.” The future of medicine in the U.S. is clear. The days of the “do more, bill more” model of reimbursement are numbered as it has produced one of the most inefficient healthcare systems in the world. While there are many unknowns regarding the future model, one thing is crystal clear — highly effective… → Read More