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Utilizing Opt-Out Incentives to Cut Health Care Costs

 

Explore effective health care cost-cutting procedures and learn how to implement the best choice for your company.

As the cost of providing health coverage has skyrocketed, employers have searched for strategies to control their employee benefits budget. One increasingly popular strategy is an opt-out incentive program for employees. Such programs provide employees with an incentive, often in the form of cash payment, to decline employer-provided health coverage. Employees electing these opt-out incentives may or may not have alternative coverage available to them. Although such programs may seem simple enough, they are rife with multiple 'compliance landmines' that can trip up unwary employers. This material helps employee benefits and human resources professionals understand the compliance problems that can arise from opt-out incentive programs. You will learn how to spot problem spots in existing programs as well as tips for developing compliant and effective programs.

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Utilizing Opt-Out Incentives to Cut Health Care Costs

Agenda

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Utilizing Opt-Out Incentives to Cut Health Care Costs

Faculty

Eric N. Athey

Eric N. Athey

McNees Wallace & Nurick LLC

  • Partner in the Lancaster, Pennsylvania office of McNees Wallace & Nurick, LLC
  • Practice emphasizes all aspects of employee benefits law and labor & employment law
  • Conducts regular seminars and workshops for employers on compliance issues relating to employment law and benefits law
  • Written multiple articles available at www.palaborandemploymentblog.com
  • Admitted to practice before all federal and state courts in Pennsylvania
  • J.D. degree, University of Pittsburgh; B.A. degree, Franklin & Marshall College; M.S. degree, University of Massachusetts at Amherst
  • Can be contacted at 717-581-3708 or [email protected]
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Utilizing Opt-Out Incentives to Cut Health Care Costs

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