Walmart: Saving money. But will employees live better?

Walmart:  Saving money.  But will employees live better?
Yesterday, Reuters reported that Wal-Mart Stores, Inc. (Walmart), the nation’s largest private employer, has made three (3) significant changes to their employee benefits plan which will take effect January 1, 2012: Walmart will no longer offer health insurance to new part-time U.S. employees (those working less than 24 hours a week), Walmart will begin charging workers who use tobacco more...
Read More »

Healthcare is a Shared Responsibility

Healthcare is a Shared Responsibility
During an Employee Benefits Network presentation in Chicago, Delia Vetter, senior director of benefits for EMC Corp, commented that healthcare is a “shared responsibility” between the employee and employer. I couldn’t agree more. Historically, however, the weight of this responsibility has been borne far more by the employer than by employees. Of the various reasons for this disproportionate sharing of...
Read More »

Mediocrity is Profitable

Mediocrity is Profitable
Seth Godin’s blog post yesterday,”Lousy Tomatoes and the Rare Search for Wonder” really hit home with me.  In the staid but lucrative business of large company employee benefits consulting, I’ve often said, “Mediocrity is profitable”. Why is excellence so hard to find?  Because excellence is expensive. I’m convinced that most of our competitors believe it’s better to deliver just enough...
Read More »

True Preventive Care

True Preventive Care
In a previous blog, I introduced the idea that “preventive care” in healthplans is really a misnomer.  The services we’re led to believe are preventive in nature (because that’s what they’re referred to) are nearly all screening or diagnostic – they don’t prevent disease.  Of the following benefits typically covered under “preventive care”, only one (1) is truly preventive.  Can...
Read More »
Scroll To Top