If you are like most employers, your health plan is getting crushed by high-cost prescription drugs. If it’s not yet, I assure you the storm is coming. One thing I can tell you for certain is that even if it’s not impacting your plan now, your employees are feeling it. The copays for these drugs are the highest on your plan and if you offer an HDHP, your employees may be avoiding getting a prescription filled because they can’t afford the deductible.
You might be asking yourself, is there anything that can be done about it? The answer is YES! Included in this newsletter is a webinar that explains how these drugs are impacting your plan. By watching this webinar, you will learn how to control your high-cost prescription drugs and do it in a way that rewards your employees.
About the Author
Mike Kroupa, Self-Funding Insurance Expert
I grew up in a house that was constantly under construction and the experience helped me uncover one of my passions, remodeling. After running a successful remodeling business with my brother during college, I decided I wanted to keep this as a hobby. Instead, I took my advisor’s recommendation and started down the actuarial path, which ultimately led me to insurance.
Since then, I have focused my career teaching employers how to better manage their health insurance plans. I found myself frustrated year after year of doing the same thing because it didn’t feel like I was making an impact. Healthcare costs were continuing to increase, and it felt like the only options employers were left with was increasing deductibles, increasing contributions, and switching carriers.
There was a turning point for me in 2020 as I found Health Rosetta, an ecosystem for scaling adoption of practical fixes to our health care system. As my clients started adopting these fixes, I found myself getting passionate about what I was doing for the first time. Then I realized my hobby of remodeling was driving the passion because I was remodeling health plans. Even better, I was having an impact because patients (employees, spouses and children) were getting the best care they ever have and saving a lot of money in the process.
Get in contact with Mike:
Phone: 630.738.1835 Email: mkroupa@gocgo.com LinkedIn: Mike Kroupa