HR professionals reduce healthcare costs and employee stress when they inform employees about the value of planning for unforeseen health crisis and selecting plans that cover long-term care. HR professionals reduce healthcare costs, absenteeism, and increase productivity when they inform employees about the value of having medication list for themselves and those they care for. Preplanning and preparing necessary documents for Physician Visits, Nursing Home Entrance, or Private Home Care reduces health care costs for individuals and organizations associated with major medical decisions. HR professionals gain a competitive advantage by providing information that helps employees and organizations make wise healthcare choices. This webinar focuses on topics that guide HR professionals on making smart health care plan options for the organization. Further, the webinar gives HR professionals the timely information to help employees make the best decisions for themselves and their families.
Employer sponsored health plans have evolved significantly over the past few years, and employers have access to a myriad of tools and resources to assist them in managing risk, performance, and efficient utilization within their health plan.
Basic services such as claims payment, disease management, data analytics, etc. have become so complex and use terms that have become so nebulous in their meaning, that employers need to have a better grasp of the capabilities of each aspect of their plan. Additionally, they require a deeper understanding of the roles and responsibilities of each piece of their plan, and how those pieces come together to form a complete program.
With Health Care Reform as the catalyst, we will deeply explore each aspect of both a fully-insured and self-funded health plan. We will also discuss what high performing companies, vendors, and employers are doing, and what you should be asking of your partners.
A fundamental disruption in America's health insurance market is well underway. For years the employee benefit purchasing experience has consisted of the employer choosing benefits, setting deductibles, deciding on co-pays, and shifting costs to employees to help pay for those choices. The end result hasn’t been pretty. Deductibles have increased. Co-pays have increased. Despite ever rising premiums, an employee can easily spend $5,000 or more out-of-pocket even with insurance coverage.
Learn why so many companies are moving to defined contribution health plans and private exchanges to break the cycle of ever increasing cost as employees become knowledgeable consumers and active participants in the benefits purchasing experience.
The implementation of the ACA is here. And while the employer mandate has been delayed, the major pieces of the ACA are still in effect. Most employers will want to begin managing required healthcare plan data as soon as possible in 2014 so as to be prepared for the October 2014 benefits enrollment for January 2015.
Learn how to meet all ACA requirements with confidence, not fear. Navigate, manage, and analyze the impact of strategic decisions using decision-modeling along with your benefits advisor, all within the ACA environment.
In this session we will cover:
•Benefits plan design management and strategy optimization
•Cost impact analysis and forecasting for future strategy
•Control and manage the changing regulatory environment
•Internal and external stakeholder communication