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Christmas comes early at Olin

The faculty and staff at Olin College of Engineering are getting a rare and unexpected holiday treat this month: a break from health insurance.Olin College officials said they’ve m...

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NACUBO Business Officer Magazine

COST CONTROL Institutions that have joined to form health-care consortia are benefiting from cost savings, while being able to comply with complex and changing ACA regulations.Against the backdrop of mounting criticism over rising higher education costs, college and university business officers are looking for creative ways to cut those costs. For many, the area of escalating employee health-care prices is an ideal place to start. Across the country, several groups of higher education institutions have joined to form health insurance consortia, working together to provide benefits to their employees at a fraction of the cost they once paid individually."With the rising costs of higher education, anything we can do to lower that cost is important," says Tracy Hassett, CEO and president of EdHealth, a health insurance collaborative launched in 2013 by 11 colleges and universities in the...

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