If you offer health insurance to your employees, you’re not just providing a benefit—you’re now legally responsible for how that money is spent.
Most employers don’t know this, but under the Consolidated Appropriations Act of 2021, you are now held to fiduciary standards for your company’s health plan.
That means you’re required—by law—to:
✔️ Eliminate hidden fees
✔️ Ensure pricing is fair and transparent
✔️ Act in the best interest of your employees
✔️ Avoid contracts that enrich brokers and third parties at your expense
📉 And if you don’t? You could be liable.
Big names like Johnson & Johnson and Aldi have already been hit with lawsuits for breaching fiduciary responsibilities—by overpaying for prescriptions or allowing third-party administrators to take advantage of the system.
💡 There’s a Better Way to Offer Healthcare
At Love Health, we’ve joined forces with Verity Advisory to help small and mid-sized companies create smarter, simpler, and compliant health plans.
And the best part?
You can often save 25–40% while giving your employees better care—including concierge-level direct primary care for them and their families.
✅ Already working with a broker? Great—we can collaborate with them to help you reduce risk and improve transparency.
📎 And if you’re a broker still selling standard Independence Blue Cross or traditional PPO plans: this fiduciary risk applies to you, too. Let’s talk about how to protect your clients—and yourself.
đź“Š Just Look at These Savings:
| Procedure | Actual Billed Cost | Self-Pay Cost | % Savings | đź’µ Dollars Saved |
|---|---|---|---|---|
| Colonoscopy | $4,500 | $1,200 | 73% | $3,300 |
| Gallbladder Removal | $17,000 | $6,200 | 64% | $10,800 |
| Knee Arthroscopy | $16,000 | $5,800 | 64% | $10,200 |
| MRI – Lumbar Spine | $3,500 | $450 | 87% | $3,050 |
| Hernia Repair | $12,000 | $4,500 | 63% | $7,500 |
| Tonsillectomy | $9,000 | $3,200 | 64% | $5,800 |
| Hip Replacement | $40,000 | $19,500 | 51% | $20,500 |
| Knee Replacement | $50,000 | $22,500 | 55% | $27,500 |
This is what happens when you eliminate bloated insurance networks and take back control of your healthcare spend.
âś… Especially Good for Small Teams (Under 50 Employees)
Not ready to go self-funded? No problem.
We have ready-to-implement solutions specifically for small businesses that want better care and real savings—without the headaches of traditional insurance.
And if you’re tired of losing quality employees to larger corporations, this is one of the most powerful ways to compete.
💡 Providing quality health benefits is completely customizable based on your needs and budget—and it’s one of the best ways to grow your business and show your employees that you truly care.
🎯 FREE Strategy Session
Let us take a look at your current setup. There’s no cost, no pressure, and it could be the start of major savings and legal peace of mind.
Get more info at VerityAdvisory.com and LoveHealthDPC.comÂ
đź“ž Or email Thomas@verityadvisory.com
Better care. Lower cost. Full compliance.
Let’s talk.
#LoveHealth #EmployerBenefits #HealthPlanAudit #VerityAdvisory #FiduciaryDuty #SmallBusinessHealthcare #DirectPrimaryCare #BrokerSupport #SaveMoneyLiveBetter #HealthcareReimagined
