On average, employers are unnecessarily wasting $4,000 per employee per year on healthcare benefits and associated costs. For a mid-size company of 100 employees, that’s $400,000! EACH YEAR!

Our guest today sat on the broker side of the business and saw the waste, fraud, and abuse at every level. As he says, “It’s like working with a CPA that gets paid by the IRS.” After getting fired for being too hard on an insurance plan on behalf of his customer, Donovan had an epiphany and started Health Compass Consulting to do things the right way. Since the company’s founding in 2018, Donovan and his team have saved their customers an average of $1,856 per employee per year while often improving those employees’ healthcare options.

Donovan is a leading voice on healthcare reform and strategic employee benefits management. He is the author of the new book, ‘Fixing Healthcare: How Executives Can Save Their People, Their Business, and the Economy,’ that comes out November 12th and the Validation Institute 2025 Benefits Advisor of the Year.