By: Zack Pace, SVP, Benefits Consulting
Over the last nineteen years, I’ve learned that when it comes to fully insured health plan pricing, in order to reach the best financial outcome, one often has to depart from the realm of logic, reason and actuarial principles.
In my latest Employee Benefit News essay, Why a logical approach to health plan design can be financially disastrous, I share:
- Why I initially didn’t understand this truth
- Why pricing irregularities and implicit financial incentives continue to be commonplace in the fully insured market
- The long term financial danger of ignoring pricing anomalies
- A recent case study
I hope you find this memoir and case study beneficial. The full essay is available here: Why a logical approach to health plan design can be financially disastrous.
What other benefit topics, trends, and challenges are on your mind? Please let me know, and I’ll write about them in future Employee Benefit News essays.
Latest posts by Zack Pace (see all)
- May 2017 Updates - May 11, 2017
- Which supplemental medical products disqualify HSA eligibility? - December 7, 2016
- Will 2017 be similar to 2010? - December 6, 2016