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Higher Healthcare Consumer Costs = More Corporate Profit. What’s Wrong with This Picture - David Contorno
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Health insurance was established to protect us from catastrophic financial loss, but David Contorno, CEO and founder of E-Powered Benefits, says, “medical debt is the number one cause of bankruptcy in the U.S., with the huge majority of them having had health insurance?”
David explains how the typical broker and carrier contracts are structured so that they benefit most when costs go up. His firm turns the usual system of incentives around so they’re paid on how much they lower costs.
Learn about his firm’s approach to building benefit plans that are built specifically for a company’s culture and workforce … and discover why insurance carriers don’t like him much.
- Connect with David on LinkedIn
- David’s viral post about Health Expenditure vs. Life Expectancy
- Get the e-book Social Determinants of Health: A Springbuk Perspective
- Marshall Allen’s book, Never Pay the First Bill: And Other Ways to Fight the Health Care System and Win
- Get the complete 2022 Employee Health Trends report
- Connect with our co-hosts Jennifer Jones and Mike Pattengale
- Subscribe so you don’t miss an episode: Apple Podcasts, Spotify, and other popular podcast players.
Have feedback, questions, or suggestions for show ideas? Send them to us at podcast@springbuk.com.
Please rate and review us on your favorite podcast platform, and share it with your friends and colleagues. We appreciate you and thank you for listening!
Produced by David Pittman
Theme music: "Overboard" by Stay Outside
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