$45,000. That's a conservative estimate of the 30 year opportunity cost of having family PPO coverage instead of a high deductible health plan (HDHP). Allow me to explain. According to Kaiser Family Foundation ("Kaiser"), the average annual family premium for a HDHP is $1,900 cheaper than a preferred provider plan (and has averaged $2,000 over … Continue reading The Cost of Being Over-Insured
The Holy Grail scene in Indiana Jones and the Last Crusade shows the closing piece of the riddle to find the cup of Christ. Walter, businessman-turned-scoundrel, outsourced his decision on which cup to choose to Elsa, the archeologist. Caught by his lust for power, he drinks from a beautiful golden cup. “He chose poorly,” and … Continue reading Business, Statistics, and the Carpenter’s Cup
The idea is great. Where do you go at 2:00am when your kid has a nagging cough and stubborn fever? Telemedicine offers a solution. Access a doctor from your smartphone and within 10 mins you're connected. Many people use it and end up loving it for these reasons. But how much does it cost? $130 per … Continue reading When Telemedicine Costs the Same as a Primary Care Visit.
"In healthcare, brokers help most companies buy, manage, and choose healthcare plans. But, judging by rates of change, spending trends, and objectivity, it’s debatable where they’re adding value and how keen their eye is for innovation." Read more at AJMC.