The fiduciary duties of a self-insured employer health plan are enormous.

97% of self-insured employers do not comply with these duties.

Here they are. Once you read them, you’ll have a better idea! Fiduciary obligations are duties that a person or entity has to act in the best interest of another party. In the context of health plan assets, fiduciaries typically include administrators or other individuals who manage the plan. These obligations can vary depending on specific… twitter.com/i/web/status/1…

Lets agree to stop using the phrase “insurance card” or referring to healthcare benefits as “insurance”.

The term “insurance” makes it sound as if a magic fairy princess is paying for medical treatments.

Healthcare is not “insurance”. Government doesn’t use an “insurance” product to pay for treatments.

Self-insured employers don’t use an “insurance” product to pay for treatments.

HealthShare organizations don’t use an “insurance” product to pay for treatments.

Last week we paid $8,900 for an ACL repair in Virginia Beach, VA.

The patient had a deductible of just under $4,000.00. Giving employees a raise is a big deal!

I cannot give Everyone a raise, however I can give a good number of employees around the US raises.

We paid $3,150 for a Carpal Tunnel release in Evanston, IL.

The employer gave the patient the option to travel less than 2 hours and have the procedure paid in full or go to the hospital chosen by her physician, #Ascension and pay her deductible. The employee chose not to stay in Wisconsin.