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EP #454: How TPAs Help You Build Better Plans — with Jay Kempton
Manage episode 364624572 series 2176618
David Saltzman에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 David Saltzman 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
In this week's episode of the ShiftShapers Podcast, the spotlight shines on the evolving landscape of self-funded plans and the critical role of third-party administrators (TPAs). Jay Kempton, President and CEO of the Kempton Group, discusses the increasing demand for TPAs and the education gaps among advisors. From discussing the industry's growth and the need for knowledgeable TPAs to navigating regulatory boundaries and understanding ERISA, this episode provides valuable insights for advisors and industry professionals alike.
What You’ll Learn From This Episode:
0:56 Increased business opportunities and growth for TPAs in a challenging industry.
2:56 Deficits among advisors in understanding ERISA and self-funded plans.
3:57 Expanded scope of fiduciary responsibility for plan administrators and sponsors.
6:15 Liability and accountability: The role of advisors in addressing unethical vendor practices.
8:27 Lack of patient engagement: Disempowerment and limited decision-making rights.
11:17 Empowering patients as healthcare buyers: Changing perceptions and social challenges.
13:56 Shifting healthcare behavior: Unfulfilled expectations of patient engagement.
15:55 The power of bundled healthcare for informed decision-making.
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