Your Employees Deserve More
Are you currently making informed decisions as the fiduciary of your organization when it comes to healthcare coverage under your employee benefit program? Many are not, and it is exactly what hospitals and insurance companies are hoping for.
As anything else your company purchases like material and equipment, we are certain you have great amounts of information on items such as cost, quality, and service driving your decision making. The healthcare industry likes to hide most of this from plan sponsors and employees in order to drive their own profitability, self-interests, and M&A activity. (Don’t believe us? Ask yourself how healthcare is now nearly 20% of our nation’s GDP, hospital expansions have exponentially grown since the Affordable Care Act, and why are stock prices of pharmaceutical companies, medical equipment manufacturers, and insurance carriers at their highest share price and earnings levels in their history?)
So how did we get here? And why has the business community allowed it? The healthcare industry is hoping you choose not to demand an explanation. Their high ride to the top needs to end and it starts with data and informed decision making. If your broker or agent tells you otherwise, or refuses to open the door to transparency then you may consider showing them immediately to the door.
At IEN, as employee benefits consultants, we use data to make informed decisions every day in an effort to drive transparency, higher quality outcomes, and a healthier workforce both physically and financially. The nation’s wealth transfer from the pocketbooks of hard-working middle-class employees to hospitals and insurance companies will begin to decrease with informed decision making at a grassroots level.
What separates IEN from the rest of their field is our team of experienced advisors guiding employers on Active Plan Management by distancing themselves from the status quo strategies of the past 20 years. Our advisors share a combined 75+ years of experience in employee benefits consulting while our nurses are experts in their field helping bring a clinical perspective to the front lines as healthcare navigators when we are customizing a plan for a plan sponsor and its valuable workforce.