Health care costs continue to rise each year, and 2022 has been no exception. Experts predict a 6.5% increase in medical expenses alone. In terms of health plan premiums, employers anticipate they may rise more than 5% this year. With these increases in mind, employers will want to strategize methods to rein in benefits spending. Why is health insurance so expensive and what can employers do about it?
September 13, 2022, 2:00 PM (ET)
T.J. Bullock
Bullock & Associates
President and Owner
TJ is the President and Owner of Bullock & Associates, a firm, located in Chicago, Illinois, that specializes in Employee Benefits. He broke into the field in 1987, when a friend suggested he may have a knack for it. Since then, he has built a nationwide practice, winning numerous industry awards along the way. He is well known in the brokerage community as a problem solver and a strategic thinker. He is licensed and certified as an expert under the Affordable Care Act and the National Association of Health Underwriters, speaking frequently on benefit options and compliance. TJ feels passionate about giving back and spends many hours doing volunteer work. He is the Chairman of the Hospital Liaison Committee, an organization that assists people that lack access to quality health care get connected to world renowned physicians. He also spends many hours assisting troubled youths, those struggling with addiction and others needing help by connecting them to programs that can improve their lives. He has run 2 marathons, enjoys playing golf & the drums, loves the Beatles and being with his wife & son.
Jonathan Rivera
Bullock & Associates
Consultant
Jonathan is currently working as a Consultant at Bullock & Associates, a firm, located in Chicago, Illinois, that specializes in Employee Benefits. He started his career in Human Capital Management working as a contractor for Morgan Stanley & Goldman Sachs. From there he transitioned into more global roles in Human Capital Management with AIG & Thomson Reuters. In 2017, Jonathan made a career change into the employee benefits space. Jonathan spends a lot of his free time with the Hospital Liaison Committee, an organization that assists people that lack access to quality health care get connected to world renowned physicians. Jonathan is currently going on 16 years married. He loves traveling, dining, playing sports, and spending quality time with family and friends.