When Dave Chase gave his TED Talk, “Healthcare Stole the American Dream,” CEOs listened. While the story of low-quality care and increasing costs is familiar, what was different was how Dave offered hope by telling stories of employers who challenged the status quo, purchased healthcare differently, and achieved better results. Effectively, he was laying the foundation for the organization he was forming called the Health Rosetta.
More than anything, the Health Rosetta is a roadmap for how healthcare should work. In regard to employer-sponsored healthcare plans, it mandates things like transparency, quality, value, and fiduciary behavior—all elements generally missing from the current system.
When embraced by employers, it helps to significantly reduce costs and improve quality.
To achieve great results, employers need a guide to help them navigate away from the status quo. While change may be challenging, the right advisor can add tremendous value and reduce any stress that comes with doing something new.
So before you jump on board, there’s one question you must ask yourself: When is the best time to transition to a Certified Health Rosetta Advisor?
In this article, we’ll discuss some differences between a traditional broker and a Certified Health Rosetta advisor, as well as questions you can ask yourself to determine if it’s time to make the switch. That way, you will be able to make an educated decision to safeguard the future of your business and the health of your employees.
Benefits brokers are paid by insurance companies to sell product. Immediately, this creates a conflict of interest. It is very difficult for brokers to act in a fiduciary manner when commissions and significant bonus income influence their behavior.
In contrast, a Certified Health Rosetta Advisor, when hired by an employer to build a custom, high-performance plan, is solely paid by that employer. With this approach, interests are aligned 100%.
As Dave Chase explains, a traditional benefits broker:
On the other hand, a Certified Health Rosetta Advisor:
MEET WITH A CERTIFIED HEALTH ROSETTA ADVISOR
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The old saying that “nobody got fired for hiring IBM” did not exist in their minds. They embraced a little uncertainty and were rewarded handsomely for their courage to make changes and improvements.
To determine whether it’s time for you to switch to a Health Rosetta advisor, ask yourself the following questions:
Answering “no” to one or more of these questions is a good indication that it’s time to find an advisor who better suits the needs of your employees and your business.
When it comes to your company healthcare, you want to feel confident knowing you’re providing your employees with the best care—while saving thousands or millions in the process. And you should be able to do just that!
With a Certified Health Rosetta Advisor, you don’t have to sacrifice quality for cost or vice versa. Your advisor will help reduce your healthcare spend by 20% or more while providing better benefits than 99% of the workforce.
If you would like to learn more about how a Certified Health Rosetta Advisor operates, download our free guide, “6 Key Elements You Must Incorporate Into Your Employee Healthcare Plan.” In this guide, you’ll learn how a Health Rosetta style plan improves quality and saves your business money.