Editor's note: To see Dave Chase speak about the current state of the industry, be sure to attend the 2018 BenefitsPRO Broker Expo in San Diego, April 17-19, 2018.
According to the Department of Labor, companies spend an average of 31.7 percent of labor costs on employee benefits. This is one of the fastest growing portions of a company balance sheet, and many companies have just seemed to accept it. Slowly, it appears there is a new movement in the benefits space for companies fighting back. The Health Rosetta Project is one of those organizations leading the charge against the constant increase in benefits costs. It’s an open source project that’s created a strategic framework for companies to use and re-engineer their benefits packages to lower costs by 20 percent to 40 percent, while improving overall benefits.
One of the leaders in this movement is former Microsoft employee, Dave Chase, who founded two new $1 billion dollar businesses within Microsoft, including their $2 billion health care platform business. He is the co-founder of Health Rosetta and executive producer of The Big Heist Movie, a film on health care that shows how and why health care's financial incentives are wasting trillions of dollars within the United States.
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