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Live Webinar

90-minute live streaming program
  • June 23
  • 1:00 - 2:30 pm EST

Defined Contribution Health Plan Update

June 23

Gain an understanding of the different spending accounts and which one is compliant and best for your organization.

Consumer Directed Health Care plans are becoming more prevalent in the group health care market, spreading into the individual health care market as well. Over the past few years there have been several variations of spending accounts that can be made available to an employer’s employee group. The rules and types of plans can quickly become confusing and wrong decisions made unless there is an understanding of the types of spending accounts and what can and cannot be implemented. Once that decision is made, communicating the plans to a group of employees can become complex and hard to communicate in a way that is acceptable to a group of employees. The goal of this topic is to help sort through the options and apply them to your organization.

Learning Objectives

  • You will be able to define consumer directed health plans and types.
  • You will be able to describe the differences of the various HRAs now available under the IRS Code.
  • You will be able to discuss why CDHPs can save hundreds of thousands or even millions of dollars annually on health care costs.
  • You will be able to identify the differences of different spending accounts and which one is compliant and best for your organization.

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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

What Are Consumer Directed Health Plans (CDHP) Beyond Just a High Deductible Group Health Insurance and Maybe an HSA?
  • History
  • Present
  • Future
Why Implement a CDHP?
  • Look at the Cost Differences for Different Health Care Services by Health Care Providers in the Same Area
  • How Do You Encourage a Participant to Shop for Health Care? Are There Applications to Make It Easy? AI?
  • How a Spending Account Can Be Integrated With a Group Health Plan Spending Account
Spending Accounts and Their Differences
  • HRAs and the Many Different Types Now Available Within the IRS Code
  • HSAs vs. HRAs
  • HRAs, FSAs and HSAs – Which Is Best for My Group?
Spending and CDHP Compliance Concerns
  • IRS Code
  • ERISA
Recommendations and Case Studies
  • Why Some Succeed and Others Fail
  • Plans That Are Too Complicated
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More Program Information

Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

Live Webinar Registration

  • HR Certification Institute 1.5
     
  • This program has been approved for 1.5 (General) recertification credit hours toward aPHR(TM), aPHRi(TM), PHR®, PHRca®, SPHR®, GPHR®, PHRi(TM) and SPHRi(TM)recertification through HR Certification Institute® (HRCI®). For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org.
     
  • SHRM 1.5
     
  • Lorman Education Services is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 1.5 PDC(s) for the SHRM-CP or SHRM-SCP.
     
  • CPE 1.8 including Management Services 1.8
     
  • Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: https://www.nasbaregistry.org/cpas/complaints. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 1.8 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Management Services for 1.8 hours. Prerequisite: basic knowledge of employee benefits. Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: Group Internet Based. Please refer to the information in this brochure for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board. Please note: In order to receive CPE credit for this course you MUST use the streaming audio option, as well as enable and complete the required progress checks.
     

Who should attend?

This live webinar is designed for human resource managers, benefits and payroll professionals, business owners and managers, controllers, and CFOs.

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More Program Information

Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Holly Kalmer

Holly Kalmer

David K. Young Consulting, LLC

  • Operations and accounting at David K. Young Consulting, LLC (DKYC)
  • Qualified 401(k) Administrator (QKA) - ASPPA
  • Member of the International Society of Certified Employee Benefit Specialist
  • Member of ASPPA
  • Over 8 years of retirement plan administration experience
  • M.A. degree, University of Delaware; B.A. degree, Baylor University; Certified Employee Benefit Specialist (CEBS) - Wharton School of the University of Pennsylvania & IFEBP
David K. Young, MPA, CEBS

David K. Young, MPA, CEBS

David K. Young Consulting, LLC

  • Owner and founder of David K. Young Consulting, LLC (DKYC)
  • DKYC has been providing consulting, implementation, and administration of all types of CDHPs since 1992
  • Has been communicating and enrolling employees into CDHPs since 1987 when Flexible Spending Accounts first became popular
  • Member of International Society of Certified Employee Benefit Specialists; member of SHRM
  • B.A. and M.P.A. degrees
  • Can be contacted at 210-558-0999 or [email protected]
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More Program Information

Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

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Product ID: 408707
Published 2021
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