Independent Strategic Advisor to Employer Health Plan Fiduciaries

Independent Strategic Advisor to Employer Health Plan Fiduciaries

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What is Independent Strategic Advisor to Employer Health Plan Fiduciaries?

High Stakes Healthcare acts as an independent strategic advisor exclusively for the Plan's named fiduciary. The firm evaluates reimbursement demands, oversees vendor performance, and investigates claims to protect plan assets. Christine Price, the founder, operates without commissions or carrier incentives, ensuring loyalty solely to the employer responsible for the plan.

How does High Stakes Healthcare structure its pricing and fees?

The company charges a transparent flat fee agreed upon in advance, avoiding carrier commissions, PBM spreads, or override bonuses. Every engagement begins with a strategy review to determine the scope based on plan size, current architecture, and fiduciary exposure areas before a final project fee is set.

What are the steps to get started with High Stakes Healthcare?

Clients can start by booking a complimentary virtual Fiduciary Briefing to learn their ERISA responsibilities and current lawsuit risks. After the briefing, they may proceed with a one-time, flat-fee Fiduciary Risk & Compliance Assessment that reviews governance documents and delegation structures.

What specific services does the Fiduciary Risk & Compliance Assessment cover?

The firm provides independent oversight for TPA, PBM, and carrier performance with the Plan's interests first. Specific services include evaluating provider payment compliance under the SCA, investigating suspect billing errors, and offering fiduciary oversight support for governance.

Who is the founder and what is her relevant experience?

Christine Price brings over 30 years of experience inside the healthcare system, including 22 years owning and operating her own Third Party Administrator (TPA). Her background includes working with hospital chargemasters, insurance carriers, brokers, and PBMs to negotiate stop-loss coverage and PPO networks.

How can a potential client contact the firm for a consultation?

The contact form allows users to select specific needs such as Provider Payment & SCA Review or Claims Investigation. The team responds personally to inquiries within one business day after receiving a short note about the plan.

What common defenses do fiduciaries use that High Stakes Healthcare rejects?

The firm explicitly states that 'The broker handled it' is not a defense for fiduciary liability. They also note that 'I didn't know' and 'The broker recommended it' are not valid defenses for failing to protect the Plan.

What specific fiduciary risks does the assessment identify?

The assessment covers areas where the Plan may be overpaying or lacking independent oversight, such as hidden broker compensation and excessive PBM spreads. It also addresses the risk of Class-Action Exposure from participants suing Plan Sponsors directly for unreasonable fees.

How does the firm maintain independence from vendor interests?

The firm operates with no commissions, carrier incentives, or hidden revenue streams, ensuring their only objective is helping the Plan's fiduciary protect Plan assets. This independent design prevents divided loyalties that often occur when advisors are paid by the vendors they recommend.

Under what circumstances will High Stakes Healthcare decline an engagement?

The assessment evaluates whether the current oversight structure is already sound and will tell the client if no risks or opportunities exist. If the firm believes they cannot materially improve the Plan's position, they will decline the engagement entirely.

What is the core philosophy behind High Stakes Healthcare?

The firm's philosophy is summarized by the tagline 'Keep The Odds In Your Favor,' reflecting their mission to give Plan fiduciaries the independent counsel they need. They aim to help sponsors protect plan assets and govern the Plan with confidence against breaches of ERISA fiduciary duty.

What are the primary threats to employer health plans that this firm addresses?

The firm focuses on protecting plan assets from excessive fees, hidden broker compensation, and breaches of ERISA fiduciary duty. They provide guidance on personal liability, Department of Labor investigations, and litigation exposure to prevent reputation and career damage.

How does the Fiduciary Briefing help executives understand their risks?

The firm offers a free entry point through the Fiduciary Briefing, which walks through exactly who the Plan's fiduciary is and what ERISA requires. This session helps executives understand their personal financial liability and the potential for loss of board confidence.

What is the official website of Independent Strategic Advisor to Employer Health Plan Fiduciaries?

The official website of Independent Strategic Advisor to Employer Health Plan Fiduciaries is highstakeshc.com.

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About Independent Strategic Advisor to Employer Health Plan Fiduciaries

High Stakes Healthcare provides independent strategic advisory services to employer health plan fiduciaries. The firm advises the plan's named fiduciary on responsibilities related to self-funded health plans, including investigating costs, challenging reimbursement demands, and overseeing vendors. Its work focuses on protecting plan assets and participants from risks such as excessive fees, hidden broker compensation, and breaches of ERISA fiduciary duty. The company offers fiduciary briefings and guidance on personal liability, Department of Labor investigations, and litigation exposure.