What happens if a new healthcare solution can save my company hundreds of thousands of dollars, but I’ve worked with the same broker for 20 years?
In this episode of The Cutting Edge Benefits Podcast, Anthony McMahon of ClaimLinx joins Neil Haley to discuss one of the most common conversations happening with business owners today. Employers want lower healthcare costs. Employees want better benefits. But long-standing relationships with brokers and advisors often complicate change. Anthony explains why many businesses hesitate to adopt new healthcare strategies, even when significant savings opportunities exist.
The discussion explores broker compensation models, employer loyalty, healthcare plan design, and how businesses can potentially maintain important relationships while still pursuing better outcomes. The episode also highlights how some brokers successfully partner with ClaimLinx while others resist change—and what business owners should consider when evaluating healthcare decisions. If healthcare costs continue rising and you’re trying to balance loyalty, savings, employee satisfaction, and business growth, this conversation provides valuable insight into navigating those decisions.
Prescription drug costs continue to climb, leaving many individuals, families, and employers wondering how to afford the medications they need. In this episode of The Cutting Edge Benefits Podcast, Tom Quigley of ClaimLinx joins Neil Haley to discuss practical strategies that can dramatically reduce prescription drug costs—and in some cases eliminate them entirely.
Tom explains one of the biggest misconceptions in healthcare today: many people are purchasing health insurance plans that actually prevent them from maximizing available prescription savings programs. While most consumers focus on low deductibles and traditional copay structures, Tom discusses how certain high-deductible health plan designs can work alongside manufacturer assistance programs to create significant financial advantages.
The conversation dives into manufacturer copay assistance programs and rebate cards that are often available for expensive brand-name medications. Many specialty drugs used for conditions such as rheumatoid arthritis, psoriasis, and other chronic illnesses may come with substantial manufacturer assistance programs that can significantly reduce out-of-pocket costs for eligible patients. Tom explains how understanding these programs and coordinating them properly with insurance coverage can potentially create major savings opportunities.
Listeners will also learn about valuable resources such as NeedyMeds and GoodRx, along with other discount programs that can help consumers compare prices and identify available assistance opportunities. Tom emphasizes that many patients never investigate these options and simply pay whatever price is presented to them at the pharmacy counter. By taking the time to research alternatives, compare pharmacies, and explore manufacturer programs, consumers may uncover substantial savings opportunities.
The episode explores strategies for both generic and brand-name medications. Tom discusses why generic drug programs can be valuable in certain situations, while also noting that consumers should carefully evaluate membership fees and program costs to determine whether they are truly saving money. The key message throughout the discussion is that prescription costs should be approached as a math problem rather than simply accepting the first price presented.
Visit ClaimLinx.com Schedule a free consultation with Tom, or a member of the ClaimLinx team. Discover how to reduce your premiums, improve your benefits, and finally take control Subscribe to the Cutting Edge Benefits Podcast on Apple Podcasts, Spotify, and YouTube for more no-nonsense conversations on how to fix your health benefits and save your company money—fast.
If you’re a business owner, HR leader, or employee frustrated with rising premiums and watered-down coverage, this conversation will completely change how you look at group health insurance.
