Episodes
Monday Oct 14, 2024
Decreasing Nonprofit Expenses through Medicare - The Apparo Effect Podcast
Monday Oct 14, 2024
Monday Oct 14, 2024
Nonprofit Human Resources: Win-Win Benefits of Medicare
Apparo CEO Kim Lanphear hosts John Leary, Founder and Principal of Health Perspectives, on this episode of The Apparo Effect as they engage in a compelling nonprofit human resources conversation about decreasing nonprofit expenses through Medicare, covering topics such as:
- Trends of those age 65+
- Increased numbers in the workforce
- Pivoting to follow their passion to work at nonprofits
- Lack of knowledge of the "win-win" benefits of Medicare
- Decreased expenses for employers
- Tailored benefits and cost savings for those 65+
Following their insightful conversation, Leary shared the results of The Kaiser Family Foundation's annual Employer Health Benefits Survey, revealing that nonprofits are paying almost $1,180 more than for-profits for single coverage and $2,358 more than for-profits for family coverage.
John refers to the following quote from the Kaiser Family Foundation's President and CEO, Drew Altman, as eye-opening: “Employers are shelling out the equivalent of buying an economy car for every worker every year to pay for family coverage. In the tight labor market in recent years, they have not been able to continue offloading costs onto workers who are already struggling with health care bills.” Read more about the survey results.
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