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Situation A Midwest private equity firm with 10 portfolio companies was in a fully insured, pooled benefits program that Oswald built with BlueCross BlueShield. While each company could design its own health insurance plan, claims risk was spread over the volume of the pooled population. Although pooled programs are still…

Situation A large private equity firm with 23 platform companies was closing on an average of 10 new companies each year. With thousands of employees, they needed a better way to manage health benefits. Oswald dedicated a team to this client, as the service needs of the client and their…

January health insurance renewals will be here before you know it. As the employer, you can make sure you’re getting the best coverage for your employees and avoid any unexpected costs or gaps in your insurance. Just follow these steps: Review your current group plan: Coverage and benefits: Does your current…

Premium allocation In a fully insured plan, 100% of the premium dollar goes to the carrier, which pays the claims and manages the plan. In a self-insured plan, up to 87 cents of each dollar covers claims. The remainder covers reinsurance and administrative fees. There are two types of reinsurance…

Approach Could Save Employers Money Medical treatments are moving away from the one-size-fits-all approach to personalize illness prevention and treatment. Implementing this strategy improves the member experience and can help save employees and employers money on medical care. Precision medicine considers the unique differences in a person’s genetic makeup, environment…

The Greater Cincinnati market is changing rapidly as a result of organic and acquisition growth. Many of our locally headquartered companies (Kroger, Community First Solutions, Heartland Bank) have become increasingly acquisitive in recent years and the area is primed for many more transactions to come. Whether you are already involved…

Employers with fewer than 100 eligible employees have often avoided self-funding their group health insurance programs because they’ve been afraid of the risk. However, with the rising costs of employee health benefits, many employers are turning to self-funding to get control of spending. There are four main components of any…

Captive insurance One way to mitigate risk is by joining a captive. Captive insurance enables organizations to take control of their program, reduce costs and maintain a healthy, engaged workforce while spreading risk across a group of employers. Employers can maximize their benefits investment in good years by capturing profit…

Diverse teams are a significant asset to businesses, encompassing different ages, backgrounds, genders and races. However, older female workers often get overlooked as people turn to younger generations for solutions. Organizations can benefit from the creativity, enhanced productivity and the more positive and inclusive work environment that an experienced worker…

How they impact your employees and the company’s bottom line You’ve likely seen the names. Ozempic®, Zepbound®, Rybelsus®. They’re called GLP-1 drugs, which were developed to control type 2 diabetes but are being taken by many to lose weight. The big question is whether an organization’s employee benefits plan should…