Game of Money w John Millen III

This session, John digs a bit deeper into the key aspects of what to look for when designing or evaluating a banking policy

Part one of two episodes. This episode John talks about on a high-level. What exactly is Bank on yours yourself. It’s also called infinite, banking or privatize banking.

John explains the six different ways you can pay for healthcare benefits.

Only one percent of the members in a typical group health insurance plan contribute 30% of the overall claims usage.

Specialty drugs may count for a large percentage of your span, but may only be generated from a few number of members on your health plan.

In a typical group health plan, prescription drugs make up 30 to 50% of the overall spend. Listen to this episode to learn how to manage it better.

One of the most important factors, when talking about healthcare insurance is the network you access. Whether it’s Anthem or United healthcare. This will teach you how to access those networks on a wholesale pricing basis versus paying full retail.

Free proposals? Yes. Free quotes? Yes. Free strategic advice? Absolutely not. Listen to this episode to learn why.

How to liberate, trapped capital in your operating expense, line item, and apply rate to earnings. Effectively increasing the business valuation of your company.

This is one of the best communication tips I think I have ever learned about. If you are in Sales, this will really help you. However, this applies to pretty much any type of communication even with your kids. John explains how to recognize the difference between a complaint or an objection when talking to people.

In this episode, John shares a lesson that he learned years ago that has really helped him in his life. Both personally spiritually and professionally. When your gut instinct, intuition, or spiritual feeling, has you on the fence whether to say yes, or no to a situation, John, suggest you say yes. Listen to this episode as he gives several examples of how this might improve your life. Enjoy.

This is one of the biggest tips I can give someone whenever you are embarking on learning something new, improving your skills, becoming a better person, enhancing your education, etc. John shares two experiences, one with Grant Cardone in the other with Oren Klaff.

Eliminate the deductible for your employees. Without changing your carrier or plan design.

When considering making a change to an employee benefits consultant, I’d like to use the following analogy of what is happening with Dion Sanders at the University of Colorado football team

The administration component of a group health plan is the most important, but least understood. Listen to this episode is John explains what you need to know in under 12 minutes.

Collaboration. Teamwork. Partnerships. In this episode, John talks about how he collaborates with partners and subject matter experts related to the game of football. Enjoy.

If you currently offer group health benefits of any type, this episode is for you. This unlocks the key to understanding the fastest growing benefit option today, the individual Ccoverage, HRA.

What do we do with the dental vision, disability and life benefits on our benefit menu? How do we manage this integration with our medical options. Listen to John as he explains this landmine in more detail and how to overcome it.

A big part of your decision about whether to incorporate the individual Ccoverage HRA option is which technology platform is best suited for you. As of today there are probably around eight different options in that number will probably grow. Listen to John as he explains how to maneuver this decision making process.

If you are considering an individual coverage option for your organization or employees it’s imperative that you don’t step in this land mine. Listen to John as he explains how to manage the employee education process and expectations.

One of the pitfalls or land mines you might encounter when considering an individual coverage HRA is how do you connect the enrollment platform to another platform like your payroll provider. Or HRIS system. Listen to the short episode as John explains more.

If you are researching or considering an individual coverage, HRA (ICHRA) option for your company or employees please listen to this. This tripwire could cause some serious havoc if you’re not aware of it, and discussing this before you pull the trigger.

This one will blow your mind. We can be deceived mentally by only thinking percentages instead of dollar amounts. Listen to John, as he explains how to be careful and not be fooled, mentally, with comparing these two figures.

The annual benefits renewal process is brutal. Let’s face it. It takes a ton of time from many players in your organization. Which net work to choose? Which formulary to use? What should the co-pays be? Should we add an HSA plan? Should we change carriers? Should we do level funded? On and on and on. ** it’s time to evaluate a little known option. That could be a game changer for you and your team...

This is required training for anyone that makes decisions on a group health plan for employees. Please listen to this. This one little trick that the insurance companies use can burn you and your employees big time. Trust me, I know because I was burned.