Pay Attention! How to Get People to Care About Healthcare at Work

By Matthew McCormick, Partnership Executive, MMS Analytics, Inc. According to MetLife’s most recent Employee Benefit Trends Study, “the most important benefits to employees have two things in common: 1) they play a central role in helping them achieve their personal and work-related goals, and 2) they address their main stressors, particularly around personal finances, retirement,…

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Why the healthcare industry won’t let me shorten my presentations

By Christopher Matrumalo, VP of Marketing, MMS Analytics, Inc. I give a lot of presentations—easily hundreds and perhaps even thousands each year for the past several years now. I field a LOT of questions from my audiences. Still today, I find myself amazed at how effective the healthcare industry has remained in perpetuating misconceptions and…

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But What About the Carrier’s Tools?

Do you know how often I hear the above question from brokers who are looking to provide a price transparency tool to their employer groups? So much so that, like a typical millennial, (Don’t worry I won’t say it, but it starts with OK and rhymes with doomer) I decided to make a meme out…

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Seven Cost-Saving Solutions That Reduce Healthcare Costs

According to the 2019 October Department of Labor inflation report, healthcare costs rose 4.3 percent year-over-year, surging to the highest levels in three years. The increasing cost of hospital services and rising drug costs are to blame for this surge, making healthcare costs the fastest growing sector in the economy.  If a 4.3 percent increase…

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The Bystander Effect and the Employee Benefits Broker

I’m pretty sure everyone has at least heard of the show Seinfeld. Do we remember the finale of the series? The gang ends up arrested, imprisoned, and go through a trial as a result of a duty to rescue violation that requires bystander to help out in such a situation. To remind you of the…

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Your employees are wasting $12.49 a day by not shopping for healthcare

Let’s face it, we’re all frustrated by increasing out-of-pocket healthcare expenses. We spend more on premiums, for less coverage, and hope that an unexpected medical claim doesn’t financially ruin us.  Pricing in healthcare is not transparent like other markets where consumers can easily determine the price of something before they buy it. It would be…

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