According to most Actuaries, the 2011 Healthcare Reform changes will add ~3% increase in addition to the ~9% increase already seen in plan costs. What can be done before 2014 gets here to maintain and prepare, as well as put a strategy in place for cost containment now and in the future. This seminar will address what some of the strategies are that could be implemented to tackle this; keeping in check changes with:
– PPACA (Discrimination testing potentially being right around the corner)
– Additional taxes for providers of services
– The changing landscape of penalties and independent mandate
Sample topics include:
– Using current transparency generated Data & Tools to reduce costs
- Value-Based Employee Benefit Plans & Health Incentive Accounts
- What are they
- How they work
- How they improve the health of your employees
- What carriers have them
- Which ones work & which ones don’t
- Dependent Audits
- Why you do not want to overlook performing audits
- Case study review showing amounts saved
- Early Retiree Re-Insurance Program
- If you have retirees, are you aware of this program?
- Advantages & Disadvantages of Self-Insured Plans
- Negotiating with Insurance Companies
- Strategies to take into the renewal negotiation process
- Using transparency to your advantage
- What you should know about the information that providers are/aren’t releasing