Most employers are overpaying for healthcare by about $4,000 per employee each year, and the first step in reclaiming that lost profit is establishing proper governance and oversight. However, even the most robust fiduciary committee charter is only as effective as the adviser who guides it.
For the professional adviser, fulfilling the role of a trusted advocate requires an honest audit of our own revenue models. We must ensure our financial incentives are aligned with the client’s bottom line rather than the carrier’s premium. That alignment is no longer theoretical — it’s required.
