Broker contingent commissions bonuses, persistency credits, stop-loss and PBM pay: 5 revenue streams that never hit your invoice, and how to surface them.
The 5 Hidden Revenue Streams Your Broker Doesn’t Put on an Invoice
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Compliance
Why Do Insurance Companies Ask Employees Health Questions?
Learn why health insurance underwriters require IMQs, what these Individual Medical Questionnaires contain, and how accurate forms lower your group premiums.
5 Red Flags to Watch for in Your Health Plan Vendor Contracts (Most Employers Don’t Know This)
As an employer, you want to ensure that your health plan vendors are providing the best value and services for your organization and employees. However, many employers are unaware of the hidden traps and potential overcharges buried within their vendor contracts. In...
Exposing the Hidden Costs of Health Insurance Broker Commissions: How to Realign Incentives and Take Control of Your Plan
What you'll learn in this article How health insurance brokers are really paid — and the 3%–6% commission math on a $1.5M plan The 5 hidden revenue streams (carrier bonuses, PBM kickbacks, and more) quietly working against you How the flat-fee (PEPM) model realigns...
How do health insurance brokers get paid?
Does it even matter how your broker gets paid if they are paid by the insurance carrier? Let me stop you right there. First of all, your broker may be paid by the insurance carrier, however, as a business with a group health plan, you are the one footing the bill....
What exactly is Prior Authorization in Health Insurance: Perspectives from Employers, Employees, and Insurers
With the high cost of healthcare services and treatments in the United States, it is essential to balance the coverage provided while still maintaining affordability. One way that insurance providers do this is by requiring prior authorization for certain medical...
Why do health insurance underwriters ask for IMQs?
As an employer, one of the most impactful benefits you can offer your employees is health insurance. While it can be a significant investment, it is essential to protect your staff's wellness, improve retention and productivity, and comply with state and federal...