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In today\\u2019s episode, I chat with Murray Sabrin. Murray is a seasoned author and finance expert, writing about the impacts of the healthcare economy in scholarly and popular publications. His new book, The Finance of Health Care: Wellness and Innovative Approaches to Employee Medical Insurance, provides business decision makers with the information they need to match the optimal health care plan with the culture of their workforce.

Americans spend more on medical care as a percentage of GDP than any other nation. For the decade ending in 2020, insurance premiums rose 47 percent and deductibles jumped nearly 69 percent. Even with employer-based medical insurance benefits, employees now pay on average nearly $6,000 toward their employers\\u2019 average of $22,221 for family coverage.\\xa0 \\xa0

With rising costs, employers have been voting with their dollars by opting out of the traditional medical insurance market. By investigating the options now made available through medical entrepreneurs, employers can reduce medical insurance costs and put money into their employees\\u2019 pockets.

This is a topic close to my heart - an evidence-based approach to helping employees. We discussed how a company\\u2019s culture will dictate the most appropriate health care coverage, how wellness programs can help employers achieve two major goals \\u2014 keeping employees healthy, while reducing medical care costs, and the role a patient-centered health care benefits package plays in reducing absenteeism.

Beyond that, it was another fun chat, and I hope you enjoy our conversation, as much as I did recording it.


Murray Sabrin

Dr. Murray Sabrin is Emeritus Professor of Finance in the Anisfield School of Business, Ramapo College, where he taught Corporate Finance I, Securities & Investment, and Financial History of the United States.\\xa0 Dr. Sabrin was awarded a Ph.D. in economic geography from Rutgers University, an M.A. in social studies education from Lehman College and a B.A. in history, geography, and social studies education from Hunter College.

Dr. Sabrin has worked in commercial real estate sales and marketing, personal portfolio management, and economic research.\\xa0 He has published articles in scholarly journals and op-eds in several newspapers throughout New Jersey.\\xa0 \\xa0 \\xa0He and wife retired to Florida in 2021.

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Matt Burns

Matt Burns is an award-winning executive, social entrepreneur and speaker. He believes in the power of community, simplicity & technology.

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