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How to Avoid Expensive Health Care Renewals by Controlling Specialty Drug Costs
You want your employees to get the medicine they need, but you DON'T want to see your health insurance premiums skyrocket! While premiums, deductibles and administrative fees get a lot of attention during health plan renewal negotiations, there's another key metric you should be examining. In this video, MAGIC Health Insurance Solutions discusses strategies to analyze, reduce and manage specialty drug costs for employers.
Reinventing Healthcare | Small Business Healthcare Expenses and The 80/20 Rule
Did you know that 20% of your healthcare costs drive 80% of your healthcare expenses? In an industry that lacks competition and disruption, you can't count on your insurance company to cut costs. It is up to YOU, the employer, and your broker to identify strategies to get costs under control so you can improve your bottom line. At MAGIC Health Insurance Solutions, we are passionate about saving small business employers money without sacrificing awesome benefits for your employees! As group health insurance consultants and brokers, we deliver innovative strategies to help reinvent health care at the most accessible level.
Small Business Health Insurance | A MAGIC Option for Michigan Employers
There are many opportunities in Michigan, but unfortunately, most health insurance brokers' hands are tied. Who you gonna call? MAGIC! Bill Geraci, owner at MAGIC Health Insurance Solutions, a group health insurance consultant and broker, discusses how his Ohio firm's independence from the predominant carrier in Michigan can bring alternative healthcare funding solutions to Michigan employers to control costs while delivering awesome benefits for employees.
What is the difference between level-funded and self-funded health insurance?
As an employer, would you like more flexibility and cost control in your group health insurance plan? Bill Geraci, owner at MAGIC Health Insurance Solutions, shines a light on how he uses the advantages of level-funded and self-funded health insurance strategies to offer employers more flexibility and insurance cost control.
How We Help Employers Fight Inflated Insurance Bill Costs
Are your employees getting sticker shock when they open their EOBs? Having someone on your side who can make sure bills are adequately priced can make a HUGE difference for your bottom line! Ilya Geraci of MAGIC Health Insurance Solutions, a group health insurance consultant and broker, explains the standard and what to do with an overpriced insurance bill.
What’s Wrong With The American Healthcare System? | A Tale of the Big Pharma Tail Wagging The Dog
Bill Geraci, owner at MAGIC Health Insurance Solutions, a group health insurance consultant and broker, offers his perspective on the influence of big pharma in healthcare decisions. In the example he shares, it's easy to see how we need to question the solutions we are provided with by well-meaning doctors getting information from Big Pharma. It's also easy to see how Bill thinks differently about the approach to health insurance and his experience is saving employers money.
Specialty Drugs, Patient Assistance Programs, and Protecting Your Bottom Line
Bill Geraci, owner at MAGIC Health Insurance Solutions, a group health insurance consultant and broker, is fired up about the out of control costs of specialty drugs. In just one example, Bill shares how one month of a specialty drug costs more than the price of a new Mercedes Benz! What can employers do to control the costs of their health insurance plans when their employees have specific medical needs? Strategies to address injustices like these are what MAGIC Health Insurance fights every day.
Big Buildings and Big Bills | What's Wrong With Healthcare In America
Health insurance is big business in America, which you can see by the big buildings being built all around the country! As an employer, it's time to look at your employee health insurance plan differently! Bill Geraci, owner at MAGIC Health Insurance Solutions, a group health insurance consultant and broker, offers his perspective on modern health insurance, how he thinks differently to find effective strategies, and his experience in saving employers money.
Even Hospital’s Struggle With Their Health Insurance Plans
Large brokerage agencies are focused on discounts, not the bottom line for employers! Every year you see your health insurance costs go up and up. It's unacceptable that this has become "normal" for small businesses! If you're looking for innovative strategies, look no further than MAGIC Health Insurance Solutions! We're committed to helping you keep your hard-earned revenue and improve your bottom line, all while still offering awesome plans to your employees! Listen to Bill Geraci, owner at MAGIC Health Insurance Solutions, a group health insurance consultant and broker, discuss why MAGIC makes a difference.
Big Pharma, Prescriptions, and Direct-to-Consumer Ads | What are the odds?
Bill Geraci, owner at MAGIC Health Insurance Solutions, a group health insurance consultant and broker, shines a light on the marketing of medications by big pharma. He introduces an example of NNT: "the number needed to treat." That’s the number of patients you need to treat to prevent one additional bad outcome–and the ratio is shocking! It's just another metric Bill and the MAGIC team are keeping an eye to help employers make informed health insurance choices.
Swimming With The Sharks | Pharmacy Benefits Management Innovation
Bill Geraci, owner at MAGIC Health Insurance Solutions, a group health insurance consultant and broker, is not afraid to swim with sharks to advocate or find creative solutions for clients. Pharmacy benefits can be rough waters for employers to effectively navigate. PBM is just one strategy MAGIC Health Insurance Solutions uses to save clients money. In this video he talks about some amazing innovation he is finding in the industry, and how one shark is circling to shake up the industry. https://www.magichis.com
Call Him a Wambulance | POV: Prescription Drug Provisions in the Inflation Reduction Act
Bill Geraci, owner at MAGIC Health Insurance Solutions, a group health insurance consultant and broker, fights the good fight for his small business clients every day. In this video, he shares his point of view on how the Inflation Reduction Act that went into effect March 2023 will affect Medicare beneficiaries and trickle down to the rest of us.
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