16min chapter

Self-Funded With Spencer cover image

From "Sickcare" to "Healthcare": The Future Of This Industry (with John Butler)

Self-Funded With Spencer

CHAPTER

Revolutionizing Healthcare Savings Through Cafeteria Plans

The chapter introduces a groundbreaking approach to saving money in the health insurance industry using individual insurance plans under the Affordable Care Act, providing significant savings and improved coverage options for employees. It emphasizes the pivotal role of employers in enhancing benefits through innovative solutions like the cafeteria plan, offering choices such as cheaper insurance options and health sharing while educating on cost-saving strategies like funding HSA or HRA. The discussion explores the complexities of healthcare plans, implementation ease through technology partnerships, and the impact of employee involvement in plan design on system support and choices.

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