As a relatively new entrant into the workforce, I feel confident expressing that there are opportunities for improvement when it comes to benefit plans and the consideration and impact on current and future generations – specifically, health plans. (And of course, I feel confident expressing myself. As a millennial, I’ve been told that I’m allowed […]
https://mmsanalytics.com/wp-content/uploads/2019/06/MMS_Single_with_Slogan_600.png00Matthew McCormickhttps://mmsanalytics.com/wp-content/uploads/2019/06/MMS_Single_with_Slogan_600.pngMatthew McCormick2019-07-16 20:35:372019-07-17 14:46:59Benefits that Benefit All
Combining a price transparency solution with a high-deductible health plan (HDHP) or a consumer-driven health plan (CDHP), can drive lower employee out-of-pocket (OOP) expenses, reduce overall medical costs, and lower claims costs. To capture these benefits, we recommend that companies implement programs to promote employee engagement to enable maximum savings. While it’s not complicated, shopping […]
Let’s face it, we’re all frustrated by increasing out-of-pocket healthcare expenses. We spend more on premiums, for less coverage, and hope that an unexpected medical claim doesn’t financially ruin us. Pricing in healthcare is not transparent like other markets where consumers can easily determine the price of something before they buy it. It would be […]
https://mmsanalytics.com/wp-content/uploads/2019/06/MMS_Single_with_Slogan_600.png00Lee Baxterhttps://mmsanalytics.com/wp-content/uploads/2019/06/MMS_Single_with_Slogan_600.pngLee Baxter2019-05-31 15:42:502019-07-10 17:23:07Your employees are wasting $12.49 a day by not shopping for healthcare
I have written about the virtues of HSAs before. But never did it become so clear to me that HSAs can be better than other retirement accounts such as 401(k) and IRA (I had a hunch, though). HSAs have been around since 2003; yet, in my opinion, the HSA is the most misunderstood, the most […]
https://mmsanalytics.com/wp-content/uploads/2019/06/MMS_Single_with_Slogan_600.png00Christopherhttps://mmsanalytics.com/wp-content/uploads/2019/06/MMS_Single_with_Slogan_600.pngChristopher2018-07-01 21:20:262019-03-27 21:25:58Is a health savings account (HSA) better than a 401(k)? You decide.
A friend of mine owns three wellness centers and employs 80 people. Yesterday, she told me that her health insurance broker made his yearly visit with a renewal policy where the premiums keep going up … and up … and up. In the decade she has been in business, premiums have never gone down. And […]
https://mmsanalytics.com/wp-content/uploads/2019/06/MMS_Single_with_Slogan_600.png00Christopherhttps://mmsanalytics.com/wp-content/uploads/2019/06/MMS_Single_with_Slogan_600.pngChristopher2018-04-03 20:28:232019-03-27 21:20:07I'm as mad as hell and I'm not going to take it anymore!