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Topic:
Healthcare Reform - Finance is coming! Finance is coming!
Date:
February 26, 2013 at 2:30 - 3:30 PM ETPresenters:
Ed Bray, Director, Employee Benefits(Hawaiian Airlines Inc)
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Description
In 2010/11, the introduction of healthcare reform saw Finance peering through the Human Resources window wondering what the department was up to. In 2012, Finance got a little more interested and walked into the Human Resources department. Now, in 2013, Finance has clearly made its way into the department and the million dollar question has become, how can the two departments work together to successfully introduce healthcare reform into the respective organization? As healthcare reform takes shape within your organization over the next 6 years, it will be important to develop a relationship with your Finance function so that you can work together to make the best business decisions for the company. This will include everything from determining the respective roles that each respective department will play, learning all that is involved from a hard and soft cost perspective, and effectively strategizing the future of the company’s health insurance benefits program.
This presentation will provide an opportunity for Human Resource professionals to: - Learn how to work effectively with the Finance department over the next 6 years; - Determine the key healthcare reform provisions that Finance will be most interested in; - Understand the major financial modeling considerations associated with healthcare reform; - Communicate the soft cost impact of healthcare reform to Finance so they may be taken into consideration when developing the overall health insurance strategy. With this information in hand, it will provide a greater opportunity for you as a Human Resources professional to not only work successfully with your Finance counterparts but also determine whether you will play the lead, follower, or middle role as healthcare reform is introduced within your organization. |
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