The Healthcare Cost Lie: Why Employers Overpay for Health Insurance

Healthcare costs and employer health insurance premiums are rising 20 - 30% every year. In this episode, Nathan Bush sits down with Jentry Harris to explain how self-funded health plans can help employers reduce healthcare costs while improving employee benefits.About SnapscaleAt Snapscale, we help healthcare practices scale their operations with HIPAA-compliant virtual assistants trained specifically for healthcare workflows.Our team members are HIPAA certified, and we implement structured compliance processes to ensure patient data protection while helping practices improve operational efficiency.Learn more:https://www.snapscale.comLISTEN / SUBSCRIBE TO THE PODCAST:The Snapscale Show: https://snapscale.com/podcastYoutube: https://www.youtube.com/playlist?list=PLVuZm2OKfkhiRie2JYSMbWPLBCSNrTX9fFollow Snapscale:LinkedIn: https://www.linkedin.com/company/snapscale-intl/Instagram: https://www.instagram.com/snapscaleglobal/Facebook: https://www.facebook.com/snapscaleintMany healthcare practice owners and employers assume rising premiums are unavoidable. However, the structure of traditional health insurance often hides the real drivers behind these increases.Nathan and Jentry break down how self-funded healthcare plans work, how they differ from traditional fully insured plans, and why many employers never even hear about this option.In this episode, you’ll learn:• Why healthcare premiums continue to rise• The difference between fully insured and self-funded health plans• How one employer reduced costs while improving employee benefits• Why some brokers avoid recommending self-funded plans• The three questions every employer should ask their insurance broker• How employers can take back control of healthcare spendingFor healthcare practices and growing businesses, employee health insurance is often one of the largest expenses on the P&L. Understanding how healthcare plans are structured can unlock significant savings while improving benefits for your team.Connect with Jentry HarrisLinkedIn: http://linkedin.com/in/jentryharrisYoutube: https://www.youtube.com/@jentryharrismahoneygroupChapters00:00 - Introduction04:45 - Fully insured vs self-funded plans12:15 - Real-world examples & benefits16:20 - Misconceptions & broker avoidance26:10 - Employer actions & questions to ask31:00 - Red flags & Snapscale solutions#HealthcareCosts#SelfFundedHealthPlans#MedicalPracticeManagement