An Efficient Approach to Managing Health Care Renewals
Date:
Jul 1, 2009 John Flaherty, Principal
Published in Employee Benefit Plan Review
In the current environment, companies and their consultants across the country are making sure they are spending exactly what they should, and not a dollar more, for health care. Their goal is to make sure "the market" is efficient. The Efficient Market Hypothesis says that a company's stock price reflects all a vailable information known to the market. When obtaining health insurance quotes for a company, one of the consultant's main goals is to confirm that the market is efficient and the client is obtaining maximum value.
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