Getting the product right builds trust between you and the consumer. But what exactly does it mean to get the product right? With varied industries throughout the United States, is the “right” product available in a one-size-fits-all solution? Perhaps not in the way...
President Trump’s executive order on price disclosure should be a huge win for transparency in health care. The Everlong Group Medical Captive already helps employers and their employees get greater transparency into their health care costs.
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Trump Order Would Inform Consumers About Health-Care Prices
Wall Street Journal
President Trump will issue an executive order to compel price disclosure in health care, an initiative that could upend industry practices and give consumers more information on their out-of-pocket costs.
The order, to be signed on Monday, will direct federal agencies to pursue administrative actions that would require hospitals to publicize their negotiated rates with insurers. Hospitals and insurers typically closely guard the discounted rates in payment contracts and they are generally bound by confidentiality agreements.
Commoditized Captives & Why “Elegance Without Warmth Is Arrogance” One of the most insightful business quotes is from Horst Schulze, former CEO of Ritz-Carlton, “Elegance without warmth is arrogance.” Let’s unpack that for a minute. During an interview with...
What You Need To Know About Captive Health Insurance 2020 was a tough year for employers. The pandemic and economic shutdown presented companies with multiple financial challenges, and rising health-related costs only added to the problem. Even worse, many companies...