theecchicgroup Articles, Blogs, General ECCHIC, health insurance, health premiums, Howard Danzig, insurance, insurance costs, the ecchic group
Most small and medium size employers have been thoroughly indoctrinated into a mindset that paying insurance premiums to companies like Blue Cross is the best and safest way to pay for everything from basic healthcare and prescription. When presented alternatives to the above described approach that positions them to “self-fund,” they often reject it out […]
theecchicgroup Articles, Blogs, General ECCHIC, health insurance, health premiums, Howard Danzig, insurance, insurance costs, the ecchic group
Whether in our business life or personal life, can anyone think of a product that we’d buy without knowing what the price or cost is? For example – The list can go on and on. Is there anything that anyone would buy without asking the price? Believe it or not, the answer is YES! It […]
theecchicgroup Articles, Blogs, General ECCHIC, health insurance, health premiums, Howard Danzig, insurance, insurance costs, the ecchic group
From time to time we get calls from clients or their participants because a claim is denied. We came across this report as to what the denial might be and we shared it in this LinkedIn post. Here is a list of the most reported reasons: The most frequently incurred services are basic and simple in […]
theecchicgroup Articles, Blogs, General ECCHIC, health insurance, health premiums, Howard Danzig, insurance, insurance costs, the ecchic group
The lingering effects of COVID-19, the end of enhanced subsidies for exchange plans and global inflation are among the key trends impacting premiums in 2023, according to a new report. The American Academy of Actuaries issued its annual look (PDF) at the landscape for premiums on the individual and small group markets, and analysts said the enhanced […]
theecchicgroup Blogs, General ECCHIC, health insurance, health premiums, Howard Danzig, insurance, insurance costs, the ecchic group
Last month, we talked about the benefits of removing PBMs and working directly with local and independent pharmacies. How is this possible? By going straight to the source. Instead of seeking advice from middlemen who make a commission, ECCHIC works closely with experts in the pharmaceutical industry to help create the best plan for every […]
theecchicgroup Blogs, General ECCHIC, health insurance, health premiums, Howard Danzig, insurance, insurance costs, the ecchic group
As prescriptions are on the market longer, manufacturers multiply and generic versions are created, the cost of drugs decrease. So, why are premiums continually rising? The answer is…Pharmacy Benefit Managers or PBMs. Also known as the infamous “middlemen”. What is a PBM and What do they do? A PBM is a third-party administrator who acts […]
theecchicgroup Blogs, General ECCHIC, health insurance, health premiums, Howard Danzig, insurance, insurance costs, the ecchic group
Addicted to copay? Tired of paying premiums? Don’t understand what any of this means? Regardless of where you stand, Employers Committed to Control Health Insurance Costs (ECCHIC) is here to help! We do so by providing assistance to our clients in as many ways as possible, which often means sharing valuable information. When it comes […]
