Wells Fargo sued over health plan costs/pharmacy costs
Another Lawsuit for Overpaying for HealthcareFour former employees of Wells Fargo are suing the big bank, claiming the bank "mismanaged" its employee benefits plan by overpaying for many different prescription drugs.You can READ FULL ARTICLE HERE.These self-funded plans are governed and regulated by ERISA, and ...
>
AISD
An Open Letter to AISD: Health Plan AlternativesThink about this for a moment: Almost 5% of Amarillo's entire population, representing thousands of families, is directly affected by the healthcare and benefits decisions made by Amarillo Independent School District (AISD) alone. These decisions have significant ...
>
You’re Too Small To Work With Us
You're Too Small To Work With UsAh, the eternal debate: Are you too small to work with us? Let's dive into this Shakespearean tragedy of modern healthcare consulting and risk management, where size apparently matters more than a teenager's social media following.First off, let's talk about hiring consultants. Why ...
>
Lawfirms “grooming” employees to sue their employers…
Lawfirms "grooming" employees to sue their employers...I’ve been discreetly saying to employers for quite a while, that their fiduciary responsibilities that exist within the health insurance plan/program are substantial, and that law firms are preparing for employee-driven class action lawsuits against them. ...
>
Overpaying for Groceries? A Parable of the Modern Healthcare System
Overpaying for Groceries? A Parable of the Modern Healthcare SystemLet's embark on a little imaginative journey. Close your eyes and picture this: your employer is now responsible for withholding a portion of your salary, not for taxes, not for insurance, but for… buying your groceries. Sounds unusual, doesn't ...
>
The Renewal Ritual – No wonder you hate it….
The Renewal Ritual - No wonder you hate it....Ah yes! The great health insurance renewal ritual is upon us again! A time-honored tradition where companies, employees, and providers alike gather around a towering bonfire of paperwork, praying to the deities of deductibles and premiums.The process ...
>
Time to “Tier” and “Steer”
Time to "Tier" and "Steer"Texas House Bill 711 | https://capitol.texas.gov/tlodocs/88R/billtext/pdf/HB00711F.pdf#navpanes=0What it means for the future of health plans in the State of TexasHB711 immediately went into effect on June 12, 2023 after receiving far more than the 2/3 votes in the House and Senate ...
>