Bob Gearhart Jr., DCW Group

When Bob Gearhart Jr. was 10 years old, his first job was with the family company, DCW Group, keying census data into Microsoft Excel from paper forms in his grandparents’ living room. In 2007, he was a junior at Bowling Green State University majoring in sports management when his grandfather passed away and he got his insurance license. “Although I had my insurance license, it wasn’t until 2010, after graduating from Bowling Green and spending two years with the Cleveland Cavaliers and Lake Erie Monsters, that I decided to return to our company,” he says. The world of health care and health Insurance underwent significant change in 2010 and is set to drastically change again in 2017. “Given these changes, you can imagine my shock when I returned to the insurance business only to find that Excel still is the primary tool in most insurance brokers arsenals!” he says. As the third generation at DCW, Bob Gearhart Jr. says his role is to merge two generations of industry experience that spans over 60 years with new ideas and innovative technology to help the firm’s customers become “lean, mean, job creating machines.” “The best part of my job is learning about our clients businesses and meeting their employees.”

Insurance As It Should Be

DCW Group is a third generation employee benefits and business consulting firm in Boardman, 4800 Market St. D, that describes itself as “committed to the continued disruption of an industry that rewards mediocrity and lacks transparency.” The DCW team is passionate about working with companies and their employees to provide a steady hand in a turbulent world as health care undergoes continued reform. DCW wants to debunk the belief that all health insurance brokers are lazy and lining their pockets, by putting their best foot forward every day and investing in technology solutions to pass on to the companies they work with. The firm offers traditional and non-traditional insurance, working with dozens of insurance carriers to make sure their clients save money as a company and their employees have solid benefits they can easily manage with DCW’s Employee Management System.

Acquisitions Within the Health Care Supply Chain

Acquisitions Within the Health Care Supply Chain

Last month, Employee Benefits 101 reviewed the medical loss ratio, or MLR, which essentially regulates insurance carriers' profit margin on their fully insured business. As a follow up, Bob Gearhart Jr. is taking a look at acquisitions within the health care supply chain and how they allow insurance carriers to...

Why Fully Insured Premiums Will Likely Increase

Fully Insured Premiums

You can almost count on your fully insured premiums increasing each year. And it all boils down to the Medical Loss Ratio, or MLR. The MLR is a basic financial measurement employed in the Affordable Care Act to encourage health plans to provide value to enrollees. This results in insurers...

Why Do Employers Accept ‘Tariffs’ on Health Care?

Why Do Employers Accept ‘Tariffs’ on Health Care?

President Trump’s tariffs on steel and aluminum entering the United States has grabbed national attention and been met with both optimism and frustration. Many companies have hailed the move as a way to level the playing field on the cost of raw materials creating equitable competition. Others have argued that tariffs will increase the price […]

President Trump’s tariffs on steel and aluminum entering the United States has grabbed national attention and been met with both optimism and frustration. Many companies have hailed the move as a way to level the playing field on the cost of raw materials creating equitable competition. Others have argued that...

Detect Pharmacy Spread Pricing

spread pricing

It's been found that many pharmacy benefit managers offset low administrative fees through other sources of revenue. These other revenue sources might not be apparent to employers. One such revenue stream is "spread pricing," which occurs when the pharmacy benefit manager chargers the employer a higher price for a drug....

Why Wellness Programs Don’t Work

Why Wellness Programs Don't Work

In December, the wellness industry got a holiday surprise when a court ruled in AARP v. Equal Employment Opportunity Commission that the EEOC was to rewrite its definition of “voluntary” so it’s closer to the dictionary definition. Wellness programs historically have been deemed “voluntary” even if the penalty for an employee not participating meant he […]

In December, the wellness industry got a holiday surprise when a court ruled in AARP v. Equal Employment Opportunity Commission that the EEOC was to rewrite its definition of “voluntary” so it’s closer to the dictionary definition. Wellness programs historically have been deemed “voluntary” even if the penalty for an...

Managing Your Pharmacy Costs

employee benefits 101 robert gearhart jr.

A pharmacy benefit manager designs, negotiates and manages prescription drug coverage for a variety of medical plans – employers, federal government, unions and insurance companies. If your medical plan includes prescription drug coverage, you’re working with a pharmacy benefit manager…whether you know it or not. A pharmacy benefit manager may...

Reverse Engineer the Health Care Supply Chain

health care supply chain

Bob Gearhart Jr. is sharing his nationally recognized expertise with The Business Journal's digital and social media audiences through a new video series, "Employee Benefits 101." Gearhart Jr. is one of the co-authors of Breaking Through the Status Quo, a book discussing health-care and employee benefits. The book recently reached...

How the CVS-Aetna Deal Affects Health Care Supply

DCW Group is a third generation employee benefits and business consulting firm in Boardman, 4800 Market St. D, that describes itself as “committed to the continued disruption of an industry that rewards mediocrity and lacks transparency.” The DCW team is passionate about working with companies and their employees to provide...

All Businesses Operate a Health Care Business Unit, and It’s Losing Money

In his book The Seat of the Soul, author Gary Zukav shares a story about a customer having dinner in Italy. Upon receiving his bill, the man reviews each handwritten item until he reaches the last line that roughly translated means, “If it goes, it goes.” The man hands the bill to the waiter and […]

In his book The Seat of the Soul, author Gary Zukav shares a story about a customer having dinner in Italy. Upon receiving his bill, the man reviews each handwritten item until he reaches the last line that roughly translated means, “If it goes, it goes.” The man hands the...