Episode 2

full
Published on:

4th Nov 2020

Daniel Corliss - Healthcare for employers is expensive. Learn, how one company is challenging the status quo.

There about 170 million individuals covered by private health insurance. The average annual premium for employer-sponsored health insurance is roughly $20,576 for a family of four and $7,188 for an individual.

That’s a 54% increase from 10 years ago.

Employers can no longer sustain these increases.

The short-term fixes of raising copays, deductibles and other costs year of year just don’t cut it.

Shifting the costs to the employees has become a burden that is crushing organizations.

Guess what?

In some cases, when the premium is higher – the person selling the insurance gets paid MORE.

Yup, you read that right.

They get compensated for delivering bad news and horrible rate increases to their clients.

Imagine that.

However, not everyone is status quo.

My guest today is Daniel Corliss, Chief Executive Manager, at Stimulus for Business Initiative, and the Founding Partner of Business Stimulus Partners.

He is on a mission to challenge that status quo and has put together a partnership with some best-in-class health plan partners to make a real difference in the cost of care.

This idea was conceived out of chaos during the COVID-19 crisis knowing employers are suffering from revenue reductions, production slow-downs and shutdowns.

As an employer who has constantly struggled with putting together a comprehensive benefits package for my team and being able to make it affordable, it’s impressive to see what he is doing.

Such an important topic and I’m really excited to share some of what he’s up to.

CONNECT WITH DANIEL:

Website | LinkedIn

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About the Podcast

5 Questions with Frank Mengert
5 Questions with Frank Mengert is a podcast for those who want to do more in their life and career. Interviews with entrepreneurs, solopreneurs, intrapreneurs, business leaders and others who share their origin stories and lessons that shaped them.
5 Questions with Frank Mengert was born out of my quest to change the perception of what we see on social media and what real life is all about. Life is not all about models, bottles, boats, jets, fashion, and people showing off stacks of cash.

As someone who is working on his 4th company, I've ridden the rollercoaster of being an entrepreneur while also having the experience of having been an intrapreneur working for corporate.

This podcast will show you a look into the lives of people just like you. People who you can relate to who have been where you have been and who are now where you might aspire to be someday.

If someone else had done it before you, there is a way for you to achieve those goals. If you are feeling stuck or have hit that wall. Tune in to hear about how others have been successful overcoming challenges to conquer their desires.

About your host

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Frank Mengert

Frank B. Mengert is the founder of ebm, a leading provider of employee benefits technology solutions. He brings an energetic spirit and a unique, sought after level of expertise to the world of HR and benefits.

As a leader in the employee benefits technology field, he has helped bridge the gap between insurance and technology driven solutions for brokers, consultants, carriers and employers nationwide.

He founded ebm with the mission of providing brokers and benefits consultants with an outsourced, affordable approach to leverage best-in-breed technology solutions. Under his direction, ebm has been able to develop partnerships in all 50 states across the U.S. strategically working with many of the top ten benefit consultants, as well as large regional players and local state-based firms.

Frank is also a nationally recognized speaker on benefits technology, podcast host, contributing writer for Inc and Forbes, a member of the Young Entrepreneur Council (YEC), and a member of the board of directors for the Cystic Fibrosis Foundation.