The Hidden Costs of Traditional Health Insurance – And How to Eliminate Them

In this episode of Cutting Edge Benefits, Tom Quigley exposes the hidden costs baked into traditional health insurance plans and explains how businesses can significantly reduce their premiums by leveraging simple math, strategic planning, and smart legislation.Tom walks through how most companies unknowingly overspend by purchasing low-deductible, high-premium plans that actually cost more than the risk they’re trying to transfer. He breaks down how ClaimLinx offers an innovative two-card solution that allows employers to self-fund savings and provide better benefits for a fraction of the cost.What You’ll Learn in This Episode:Why companies are overpaying for health insurance (and don’t even realize it)The truth behind “copays,” hidden broker incentives, and bloated drug costsHow the ClaimLinx two-card system works to slash employer healthcare costsThe role of HR vs. CFOs and CEOs in benefits decisions (and why that matters)Real-world strategies that save companies thousands per employeeHow hospitals offer secret discounts and grants—and how to access themKey Takeaway:If you're spending more than $2,000 a month per employee on family health plans, you're probably overspending—ClaimLinx can show you exactly how to cut that down to $500–$600/month or less using a smarter structure.Resources Mentioned:🔗 Schedule a free consultation at ClaimLinx.com📞 Work directly with Tom and his team to get a free benefits analysis.Contact Information:🌐 Website: https://claimlinx.com📧 Email: [email protected]