Why Insurance is NOT For the Small Stuff 🤔#shorts
"Does it liberate both parties from the burden of insurance"?
That is the question that Paul Pruitt of SHARx, LLC poses in this clip from Episode 117 of the @SelfFunded with Spencer podcast.
What Paul is describing is how insurance has been incorrectly deployed to cover routine, expected events, rather than for unknown loss only, which was the original intent.
By covering recurring medications and routine procedures, in addition to unknown, and often high-cost losses, it compresses prices upward.
But is there a better way?
Listen to the clip and determine for yourself!
Full Episode Here - https://www.youtube.com/watch?v=Befifk9z7sQ
SHARx Website - https://sharxplan.com/
SHARx LinkedIn Page - https://www.linkedin.com/company/sharx-llc/
Spencer LinkedIn Page - https://www.linkedin.com/in/spencer-smith-self-funded/
Paul Pruitt LinkedIn Page - https://www.linkedin.com/in/paulpruittjr/
Episode on PharmacoGenomics - https://www.youtube.com/watch?v=SoabnmpTi_4
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#insurance #healthinsurance #pharmacy #medications #pbm
