Customer Reviews

STOP Buying Health Plans and START Buying Health Insurance!: An Easy-To-Understand Guide to the How and Why of Consumer Directed Healthcare (HSAs, HRAs and Deductible-First Medical Insurance)

5 star:		(3)
4 star:		(0)
3 star:		(1)
2 star:		(0)
1 star:		(0)

 

 

I'm an entrepreneur, I'm not an administrator. Insurance has always been an irksome expensive time-consuming necessity, and dealing with it took me away from running my business. Once I read this book, I realized that I had an opportunity to improve my company bottom line AND improve the lives and compensation of my employees. I now have a compensation package that is very difficult to compete with, and don't have to worry so much about having my talent stolen away.

The book was a great read. It finally answers the old question, "How to control the rising cost of healthcare without lowering benefits." It should be read by both employers as well as employees so the mind set towards healthcare in this country can change for the better.

As the book descibes I moved from an HMO model to an HSA model and will save $100,000 in the first year. And that is only for 55 people. Bigger companies can really save big time. In addition, my employees get to save money before taxes that can be used like a retirement plan. For a business owner or a human resource manager the concepts described in this book are important if bottom line profits are important to your company.

I guess the substance is ok, and the length (slightly longer than a pamphlet) makes it a quick read. But every time I came across another outdated cultural reference (Alex P. Keaton? Super Dave? Dennis Miller on Monday Night Football?) my pace screeched to a halt as I had to reconsider if the authors wrote this 10 or 20 years ago? Forest Gump and Gordon Gekko? Can you guess which predictable quotes they used from those movies? Next version might want to mention some tv/movies filmed in this generation.