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.
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Produced by David Pittman
Theme music: "Overboard" by Stay Outside