Michelle RhodesBrown, CFA’s Post

Berkley Accident and Health (a Berkley Company) and Health has announced the strategic expansion of its captive leadership team as it welcomes the return of Mike Madden as senior vice president of captive growth strategy. Read more on the appointment here: https://ow.ly/BobZ50SmoGf #captives #captiveinsurance

Maximizing revenue for state early intervention (Part C) programs is a critical task amidst workforce challenges! State early intervention (Part C) programs face the complex task of developing robust funding systems that include Medicaid, private insurance, state, and IDEA grant funds. Implementing effective and efficient payment systems is crucial, especially as states navigate the challenges of recruiting and retaining early intervention professionals. Hutton Health Consulting was in Delaware this week, wrapping up our comprehensive 360 review of their early intervention funding system. Brad Hutton and I had the privilege of presenting and discussing our recommendations for revenue enhancement and funding efficiencies with the dedicated state team. #Earlyintervention

🏥 Navigating the Broken Healthcare System: Putting Patients First 🏥 In a flawed healthcare landscape, where no system is perfect, I firmly believe that our approach stands out. Putting patients at the center of care isn’t just a philosophy; it’s a commitment to better outcomes and improved well-being. 🩺 The Power of Patient-Centric Care 🩺 When doctors prioritize their patients, magic happens. It’s not just about treating symptoms; it’s about understanding the person behind the illness. By listening, empathizing, and tailoring treatments to individual needs, we can make a real difference in healthcare outcomes. 🌟 Why Patient-First Matters 🌟 Patients aren’t just cases; they’re individuals with unique stories, challenges, and aspirations. By acknowledging this, we create a healing environment where trust thrives, and progress follows. A patient-centric approach fosters a sense of partnership, empowering individuals to actively participate in their healing journey. Let’s continue to champion patient-first healthcare. Together, we can reshape the narrative, one compassionate interaction at a time. #KPPride

You are having a Great impact Bret

When a consumer can clearly see their options & their costs, they have the opportunity to make informed & fiscally savvy choices. It’s then that everybody wins. #surest #innovation

What does A stand for in the ABCs of Strategic Health Benefits? 📢 ALIGN THE INCENTIVES! 📢 Welcome to the strategic health benefits classroom, where we reject the fallacy that advisers and employers are powerless. Join us as we explore the powerful solutions your colleagues implement to achieve affordable healthcare. We’re going back to the basics to ask: ✏️ Is the way we’ve always done things working for employers and employees? ✏️ No? ✏️ Then why are we still doing it that way? Einstein stated that “Doing the same thing over and over again and expecting different results” is insanity. 🤔 The U.S. healthcare system is working exactly as it is designed, but the design is flawed.  📚 Advisers are paid by the carriers for retention and volume instead of improving quality and reducing costs for employees and employers. 📚 Big box insurance carriers must generate profits for their shareholders, not save customers money or ensure high-quality care. 📚 Physicians have to “churn and burn” under the fee-for-service model that requires them to do more to get paid more, regardless of outcomes.   📚 Members don’t understand how to shop for high-quality, lower-cost healthcare or even why doing so benefits them immensely, yet they hold the most power to control costs as they utilize their benefits. Raise your hand if you’re working hard to make healthcare affordable for American employees and employers! 👋🏼 Raise your hand if you want to make a bigger impact! 👋🏼 👥 Since your hands are free … click here to watch this awesome interview with Peter Rowe about The Advantages of Being Self-Funded >>> https://hubs.la/Q01ZxjHw0 P.S. Live THB Webinar COMING SOON >>> https://hubs.la/Q01Zx9KQ0

Last week AHIP met in Las Vegas. Here's a summary of some of the topics: - A year ago, insurers were expanding Medicare plans. Now, with reduced funding from the Centers for Medicare and Medicaid Services (CMS), they're worried about 2025 plans. - After acquiring Change Healthcare, UnitedHealth is dealing with the aftermath of a ransomware attack that disrupted healthcare providers. - This year's conference focuses on artificial intelligence in healthcare, coverage for obesity medications, and health equity. - There's less focus on employer-sponsored health plans compared to past years. - Despite the Haven project failing, Amazon and JPMorgan Chase are still looking for ways to get involved in health insurance, with representatives attending the conference. Learn more: https://hubs.ly/Q02BxQZm0

Diversity in healthcare leadership results in a more well-rounded experience for patients and providers. Check out this list from Becker's Healthcare that details Black health care leaders to know in 2024: https://ow.ly/8jBJ50RPgCK

Are you overpaying on prescriptions? Are your employees? Anyone in a decision making capacity for their self-funded health plan must know. 1) How does my PBM make money? 2) How much am I paying my PBM? The recent Johnson & Johnson class action lawsuit sheds light on possible shortcoming in fiduciary responsibility. It's argued that adopting a more rational decision-making approach, rooted in fiduciary prudence, could have resulted in significant cost savings for the plan and its participants, potentially amounting to millions of dollars. Sound familiar to 401(k)/403(b) Committees? It certainly should (ahem #transparency). We are used to the 3 F's ... Fiduciary, Fees, Funds. Maybe benefits committees will be saying ... Fiduciary, Fees, Pharmacy. See the Borislow Insurance PBM memorandum for insights into how it should be done! #selffunded #fiduciary #ERISA David A. Shore Mark Catanzaro, REBC®

November is Long-Term Care Awareness Month! Fewer than one in five Americans surveyed have planned for long-term care, with only 14% considering how they will pay for it.¹ Learn how to help clients prioritize an LTC plan that demonstrates their commitment. Leverage Lincoln’s resources to help clients create an effective LTC plan. https://lnkd.in/gMFVT8F2 #LTCAwarenessMonth #CommitWithConfidence ¹Versta Research, “The 2023 Lincoln Financial Long-Term Care Marketing & Thought Leadership Research,” September 2023.