Category: Uncategorized
Now is the Time to Start Thinking About Renewal Season
BY RYAN SPENCER Now that we are a few months into the year, you and your employees are starting to feel the impact of your health benefits plan. Employees have visited the doctor and emergency room and, as a result, they have once again seen firsthand the best and worst parts of their health care […]
The NextGen Healthcare Summit: The Journey of Healthcare
BY BEN CONNER The health care system has grown more and more complicated over the last two decades. Premiums have tripled since 1999 and 67% of bankruptcies are now tied to medical issues. To address some of these issues, we recently focused on the journey to better health care in our second annual NextGen Healthcare […]
The American Health Care System Isn’t Broken—It’s Working Exactly How It Was Designed
BY BEN CONNER Now that we are in the middle of another election cycle, politicians have once again pushed the health care industry into the national spotlight. Their primary message: Health care has become too expensive for businesses and their employees, and legislative changes are necessary to fix it. Although health care benefit costs increase […]
How to Reinvest $4.3 Million in Pharmacy Savings Back Into Your Workforce
BY RYAN SPENCER We recently discussed one of our biggest successes of 2019: We helped our clients source $4.3 million in medication without paying a single penny. By carefully re-evaluating how each company plan helped employees access medication, we slashed costs while maintaining or improving the quality of care these employees received from the pharmacies. […]
Rising Stars for 2020 named by Employee Benefit Adviser
INDIANAPOLIS – Ryan Spencer, Advisor at Conner Insurance has been named to the 2020 Class of Rising Stars in Advising by trade publication Employee Benefit Advisor (EBA). This designation recognizes young advisors, spanning in age from 20 to 35 years old, who represent the “next generation of leaders” from around the country. Spencer has been […]
How to Source $4.3 Million in Medication for Free
BY BEN CONNER The prices of life-saving specialty medications rise year after year. Some have skyrocketed to more than $2,000 per month for each patient, and most experts expect to see these costs account for more than 40% of all drug expenses in 2020. The runaway price increases are hampering company budgets, and leaders are […]
How to Use Your Benefits Plan to Attract and Retain Talent
BY RYAN SPENCER With unemployment at its lowest level in 20 years, some employers are struggling to find, hire, and retain the best talent for their company. Before your business scrambles for the next hire, review your benefits package. Study after study has proven that employees care more about their benefits than financial compensation, and […]
Doctors Are Increasing Medical Bills: How You Can Stop It
BY BEN CONNER The doctors your employees visit are often the wrong choice for their health and their finances. In Indiana, for example, 80% of doctors work inside a hospital system. When they have to refer a patient to another physician, they’re required to refer within their own system without any sort of independent review. […]
Why Health Insurance Costs Keep Rising (And How We Keep Them Down)
BY RYAN SPENCER For most businesses, health insurance premiums rise 8-12 percent every year. These meaty rate hikes have grown so common, employers rarely fight them. In fact, many see a five or six percent year over year increase as a small victory. The good news: Employers can effectively reduce their spend if they understand […]
Health Care Predictions for 2020
BY BEN CONNER Health care seems to grow more complicated each and every year. If you don’t look ahead at what’s coming, you may be blindsided by new developments. Now that 2019 is winding down, we’re looking ahead to the new year—and the changes you should be ready for. Here’s the good news: Health care […]