Opt-Out Incentives and Other Cost Cutting Measures for Health Plans
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CD & Manual | ||
| 385145TMX | $199.00 USD |  |
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| Credit Details | |||
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85 Min. Audio MP3 - No shipping cost | ||
| 385145POD | $199.00 USD | |
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| Credit Details | |||
| What is a Podcast? | |||
Benefits
The recent debate regarding health care reform has highlighted for the public what employers have known for years - health care is expensive. Employers have for years looked for creative ways to alleviate double digit annual increases in the cost of health coverage provided to its employees. Employers have toggled deductibles and co-payments, and they have implemented wellness programs and consumer driven health care programs. While many of the measures taken by employers have operated to reduce costs, the cost to provide health care is still high. An often overlooked method to reduce cost is to implement an opt out incentive. It is not uncommon for employees and dependents to be 'over covered'. But what if you gave employees with access to other coverage money to opt out of your coverage?
Agenda
| Overview of Statistical Data Relating to Health Care Costs; Forecast Into the Future | |
| Discuss Various Opt Out Incentive Designs | |
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| Legal Obstacles Associated With Opt Out Incentives | |
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| Other Cost-Cutting Measures Similar to Opt Out Incentives | |
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| Impact of Health Care Reform on Opt Out Incentives | |
| Questions and Answers | |
Faculty
Ashley Gillihan, Esq., Alston & Bird, LLP, Todd Randolph, E3 Benefit Advisors
Ashley Gillihan, Esq.
- Member of Alston & Bird, LLP's Employee Benefits and Executive Compensation Group in the Atlanta office
- Practice consists entirely of advising both employer plan sponsor and service providers on a myriad of health and welfare benefits plan compliance issues, including but not limited to ERISA, COBRA, tax, and other federal and state law issues
- Very active in assisting clients with creative plan designs to reduce cost and also comply with applicable law
- He can be reached at 404-881-7390 or agillihan@alston.com
Todd Randolph
- Founder and president of E3 Benefit Advisors
- Assists organizations in meeting their long-term operational and productivity goals, as well as maintaining their competitive edge in the market place by focusing on creative, forthright and forward-thinking solutions that impact organizations from top to bottom
- Has a diverse background in the benefits industry
- Prior to the creation of E3 Benefit Advisors, he served as the national sales consultant for one of the fastest growing, third-party administrators in the country, playing a critical role in forming and nurturing client relationships across the country
- Additionally, he worked for a national carrier in sales and account management
- Has worked with groups that range in size from 2 to 10,000 employees and the array of benefit options that these varying groups implement
- Bachelor’s degree, Texas A&M University
These Materials are Designed For
Benefits and human resource managers, presidents, vice presidents, CFOs, controllers, insurance professionals, payroll professionals and attorneys
| CD & Manual | - CD Set with bound 14 page manual |
| Podcast | - 85 Minute MP3 with 14 page electronic manual - Immediate Access and No Shipping Cost |
