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Prudence Says: Know your fiduciary responsibility!
This room contains pieces drawn from my experiences at Health Decisions. It offers practical advice for anyone involved in managing group health plan expenses.
From the present, this room contains articles and reports by others that I wanted to share. Reasons for sharing will vary, so expect a potpourri.
This room provides reference points and norms I have observed or documented that can be used by persons trying to get their bearings in the often confusing world of group health.
This room contains my views on the future of the US health care system. My intent is not to convince anyone, but to broaden the discussion beyond the political debate that passes for health reform in America.
This room contains recordings and trasncripts of conversations I've had with interesting people I have had the privilege of meeting. Some are friends, some professional acquantances; all have interesting perspectives worth sharing.
From the past, this room contains some of the talks and articles I have done that I thought were worth sharing.
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Thursday, January 26, 2017 10:13:00 AM
Tools of the Trade
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Fiduciaries have a tough job.
They are legally responsible for the oversight and operations of health plans. To do that they often rely on a team of "ABCs" (Advisors, Brokers, and Consultants). However, the training that fiduciaries and their ABCs get is usually separate, limited, and from different sources with a perspective that is not specific to the plan responsibilities they share.
Health Decisions has launched a video series to help bridge that gap in shared, plan-focused training for fiduciaries and their ABC teams. We call it
In the series,
Prudence - the Prudent Person
- serves as your guide as she explores topics such as:
Prudent Person 101: What it means to be a Fiduciary
The Four Components of Fiduciary Oversight: Discover, Recover, Monitor, and Comply
Fiduciary Control in the 21st Century
A Year in the Life of a Fiduciary
Fighting Waste, Abuse, and Fraud
Each YouTube video runs 3-4 minutes. The videos are educational (not sales) but they have a point of view that comes from what Health Decisions has seen over its
30+ years of working with fiduciaries
and their ABCs.
The videos are designed to be something we hope you talk about, share with your colleagues, discuss, and consider how it applies to your plan.
We welcome all feedback, including
suggestions of topics we've overlooked
. We consider the "
" video series to be an ongoing project guided by viewers.
Please let us know what you think!
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