Chapter

Corporate Benefits Update: The Healthcare System is Stacked Against Employers…What’s a CFO to Do?

This session will be followed by a networking reception and evening presentation entitled "Let's Put the Health Back in Healthcare - But How?" (5:30 PM - 8:00 PM) - Register separately by clicking here.

Employers, the backbone of the system, are paying so much for healthcare, but getting so little:

  • Employers spend $1.2 trillion -- only 13 countries have a larger GDP.

  • Healthcare and benefits costs are usually the second largest operating expense after wages.

  • These costs are also the fastest growing -- often with little or no apparent control.

For employer plans that are beating the system, the solution is to implement a comprehensive benefits plan strategy – breaking the cycle of managing plans from habit…not strategy. Successful plans keep members healthy, drive cost-effective plan utilization, eliminate unpredictable renewal increases, and reduce plan cost relative to the traditional approach.
 
Bob Carrington, Vice President of Employee Benefits at EPIC, will lead a discussion focused on three strategic cornerstones associated with successful plans:
 
Population health management – creating a workplace culture that improves member health and manages disease. This includes:

  • Implementing programs with a proven track-record of delivering wellness results
  • Focusing on turnkey programs that are simple to launch and easy to manage

Intelligent plan design – developing benefit plan designs that engage members in thoughtful health plan decisions, which considers:

  • Benefit plan choices that appropriately align contributions with costs
  • Account-based plans that reduce costs and engage the member, without reducing benefits

Accountable plan funding -- alternative funding arrangements with guaranteed costs and savings opportunities. This includes:

  • Programs that provide claims transparency, cost savings and pricing stability
  • The funding spectrum offers options to meet any organizational risk tolerance

Case studies and examples will be discussed, along with company, industry, and other considerations.


Date:  Thursday, January 17, 2019

Locaton:  Kimpton Sir Francis Drake Hotel, 450 Powell Street, San Francisco, CA 94102

Time:  4:30 PM - 5:30 PM

Registration Fee:  Members, Guests and Sponsors $0 

CPE:  This session qualifies for one (1.0) CPE credit.

Have Questions or Need Registration Support?  Contact Denise Parker, Chapter Administrator, at 813.494.9551 or [email protected].