BenefitHackers

How to liberate, trapped capital in your operating expense, line item, and apply rate to earnings. Effectively increasing the business valuation of your company.

This is one of the best communication tips I think I have ever learned about. If you are in Sales, this will really help you. However, this applies to pretty much any type of communication even with your kids. John explains how to recognize the difference between a complaint or an objection when talking to people.

In this episode, John shares a lesson that he learned years ago that has really helped him in his life. Both personally spiritually and professionally. When your gut instinct, intuition, or spiritual feeling, has you on the fence whether to say yes, or no to a situation, John, suggest you say yes. Listen to this episode as he gives several examples of how this might improve your life. Enjoy.

This is one of the biggest tips I can give someone whenever you are embarking on learning something new, improving your skills, becoming a better person, enhancing your education, etc. John shares two experiences, one with Grant Cardone in the other with Oren Klaff.

Eliminate the deductible for your employees. Without changing your carrier or plan design.

When considering making a change to an employee benefits consultant, I’d like to use the following analogy of what is happening with Dion Sanders at the University of Colorado football team

The administration component of a group health plan is the most important, but least understood. Listen to this episode is John explains what you need to know in under 12 minutes.

Collaboration. Teamwork. Partnerships. In this episode, John talks about how he collaborates with partners and subject matter experts related to the game of football. Enjoy.

If you currently offer group health benefits of any type, this episode is for you. This unlocks the key to understanding the fastest growing benefit option today, the individual Ccoverage, HRA.

What do we do with the dental vision, disability and life benefits on our benefit menu? How do we manage this integration with our medical options. Listen to John as he explains this landmine in more detail and how to overcome it.

A big part of your decision about whether to incorporate the individual Ccoverage HRA option is which technology platform is best suited for you. As of today there are probably around eight different options in that number will probably grow. Listen to John as he explains how to maneuver this decision making process.

If you are considering an individual coverage option for your organization or employees it’s imperative that you don’t step in this land mine. Listen to John as he explains how to manage the employee education process and expectations.

One of the pitfalls or land mines you might encounter when considering an individual coverage HRA is how do you connect the enrollment platform to another platform like your payroll provider. Or HRIS system. Listen to the short episode as John explains more.

If you are researching or considering an individual coverage, HRA (ICHRA) option for your company or employees please listen to this. This tripwire could cause some serious havoc if you’re not aware of it, and discussing this before you pull the trigger.

This one will blow your mind. We can be deceived mentally by only thinking percentages instead of dollar amounts. Listen to John, as he explains how to be careful and not be fooled, mentally, with comparing these two figures.

The annual benefits renewal process is brutal. Let’s face it. It takes a ton of time from many players in your organization. Which net work to choose? Which formulary to use? What should the co-pays be? Should we add an HSA plan? Should we change carriers? Should we do level funded? On and on and on. ** it’s time to evaluate a little known option. That could be a game changer for you and your team. Listen as John explains what this is.

This is required training for anyone that makes decisions on a group health plan for employees. Please listen to this. This one little trick that the insurance companies use can burn you and your employees big time. Trust me, I know because I was burned.

If you have heard of the carnivore diet, this is a new eating plan that is somewhat restrictive on the types of foods you can consume. In this episode, John explains his experience with eating this diet out in the marketplace and how it relates to your group health insurance options. #ichra

Part three. John explains why this is so important to understand. This is where the magic happens on this episode. This is where all the dots in your brain will be connected and you’ll see this true strategic advantage for your organization. This goes well past the cost of insurance or how the system works. Please please listen to this episode.

In part two of the series, John explains how this individual coverage option works. He uses analogy of a swimming pool in your backyard versus a lake down the street. Listen to the short explanation that will bring you up to speed very quickly.

Listen to this episode to start with to understand what an individual coverage health reimbursement arrangement is, and how it operates for your business or organization.

If you are considering combining these two types of health plan strategies, please listen to this episode. In less than eight minutes John Millen explains what you need to be aware of before pulling the trigger.

Cool

Step one. Learn what an ICHRA is. Step two. Discover how to supercharge it with a super icHRA.

Are you a contracted employee? Do you have contracted employees? Would you like to learn about a little secret that allows you to offer an amazing employee benefits package to those class of workers. The individual coverage health reimbursement arrangement became law on January 1, 2020. This allowed employers to reimburse for the cost of individual coverage for contracted employees as well as W-2 employees. Listen to this podcast from John as he explains how those entities with contracted employees can benefit from this new option.

✔️This episode is not intended for end-users. ✔️It is intended for licensed health insurance agents, brokers, and agencies. ✔️Going out on a limb — John Millen discusses in this podcast how you can partner with him on what he believes is one of the biggest shifts in commercial insurance in the past 20 years.

Take some time now to understand the individual coverage health reimbursement arrangement program for employer groups. This is game changing technology.

Good RX is a discount pharmacy card that has been used for over a decade. In this episode, John Millen explores how the program works and how they make money using this card. Once you hear that, you will never be able to unhear hear it.

HR Insight

Ceo insight

Aren’t you tired of salespeople asking you? What keeps you up at night? I’m going to reverse that and tell you what should be keeping you up at night. Listen to this short audio clip as John Millen III explains what he sees after talking to numerous financial professionals every week for the past two years.

Status Quo - Pain to Stay VS Pain of Change

JIF 🥜 Butter vs Health Insurance

The Administrator! The 🔑 to it ALL.

It’s not your fault. What do I mean? Most executives find themselves in a financial position with their insurance plans that is not their fault. Listen to the short overview about how you can fix that.

How to contain the high cost prescription drug impact on your organization.

Open Enrollment Meetings! Everyone dreads these every year. But you should not. Listen to this short podcast episode on how you can turn that around at your organization.

IF you have an HRA — LISTEN 👂🏻 to THIS

Skin in the game

Imagine, offering your employees a health benefits plan with no deductible. The average deductible in 2023 is approaching $3000 for an individual person or $6000 for a family. John Millen explains a strategy that’s been used for over 10 years to eliminate the deductible, and potentially save money on the overall health plan cost.

Depending on your position at your company, having certainty on your healthcare benefits, for the next three or five years, may or may not be important. If this is important to you, listen to the short podcast from John Millen.

Artificial intelligence. Machine learning. ChatGPT. If you haven’t heard of this yet, please Google it now. It is one of the fastest growing technologies ever. On this episode, John Millen discusses how machine learning is impacting the health insurance industry related to employee benefit plans.

Purchasing healthcare is complicated. This quick session explains how you can purchase healthcare for potentially less money and better coverage for your employees.

…your gut was trying to tell you something for a while

…something didn’t feel right

…you heard the stories from employees, but thought they were just isolated.

…maybe you didn’t want to upset the “boss” by rocking the boat

…now you have an excuse

I made two major mistakes yesterday. On a call with a chief financial officer. if you are in sales and marketing, you might be able to relate to this.

Did you ever see a bottle of oil or fuel additive at a gas station or tire repair center? It made me think about how healthcare plans have a bunch of Band-Aids on them because the base plan is crappy. Listen to John Millen as he explains a simple way to remove that.

Change may mean a personal sacrifice. But should it? Should change involve a great personal risk to you or your team? listen to John as he explains a recent situation and after thinking about it for two weeks how he would respond differently

{HEADS UP -- this episode is 59-min long. If it helps one person it's worth it.}
I hesitated for a LONG time to record this episode. I wanted to share 3 super interesting insights that I've noticed this year when talking to business executives. But the only analogy that I kept thinking about was emotional for me to verbalize. It brought up an emotional experience we as a family had on my son Tanner was 6-mo old.
I have several conversations each week with high-level executives at companies and nonprofit organizations. If you've never had consistent conversations with CXO individuals, these are NOT a sales pitch. They are NOT meant to persuade.
Conversations at this level are meant to be an OPEN dialogue. A give-and-take situation.
In this episode I will share three things that I've noticed to be true in 2022. I will draw on an experience we had with my son to help form analogies that may help you implement the insights/lessons easier and faster.
Much Success, John Millen III