Understanding Your Health Plan Renewal (OnDemand Webinar)

$149.00

SKU: 410085EAU

Description

Ensure your understanding of various pieces of the health plan renewal calculations.Regardless of whether your company’s medical insurance is built on a fully insured or selffunded chassis (or any of the hybrid options in between), the reality is that costs continue to rise and those of us in charge of negotiating these for our companies don’t always know what all goes into these increases we’re being assessed. This presentation will help the people responsible for this at their organizations to understand more about how renewal rating is generated. The live webinar explains various piece of insurance nuance that goes into how the premium increases are calculated. Failing to have a proper understanding of how the risks are calculated can leave employers in the dark as to whether the premiums being levied are fair or potentially able to be lowered. This lack of understanding can cost employers thousands of dollars. This workshop is critical for employers so they can ensure their understanding of various pieces of the renewal calculation.

Date: 2024-03-07 Start Time: End Time:

Learning Objectives

What Is the Medical Trend
• How Is It Calculated
• What Has It Been Historically
• Other Factors That Go Into the Trend

Fully Insured Considerations
• What Is Capitation
• What Does It Mean to Be a Pooled Group
• Other Fully Insured Considerations

Self-Funded Options
• Aso Plans
• Unbundled Plans and Point Solutions
• Other Self-Insured Considerations

Other Claims-Based Options
• MERP Arrangements
• Level Funded Plans
• Other Hybrid Options Available

Other Renewal Factors
• Contract Nuances
• Non-Medical or Ancillary Insurance Plans
• Additional Renewal Considerations

ASA ,HR Certification Institute ,SHRM ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Tobias Kennedy-Montage Insurance Solutions

Understanding Your Health Plan Renewal (OnDemand Webinar)

$209.00

SKU: 407291EAU

Description

Gain insight on how to analyze and manage health insurance offerings and how to review competing alternatives and plans.The health plan an employer provides to its employees is often the second largest expense of the company second only to payroll costs. It is important to annually monitor this substantial expense to ensure company resources are being utilized in a smart, efficient way while simultaneously maximizing the benefits participants have access to. This topic is designed to help anyone involved in the plan selectionrenewal process. You will be provided with insight on how to analyze and manage health insurance offerings, information on how to review competing alternatives and plans, and key takeaways for understanding what drives up the costs of your health plan.

Date: 2020-09-15 Start Time: End Time:

Learning Objectives

Annual Renewal = Your Health Plan’s Annual Exam
• Fiduciary Duties to Consider
• What Guaranteed Coverage Renewal Really Means?
• Key Provisions to Monitor in Assessing the True Cost of Your Plan

Are You Maximizing Potential Alternative Benefits?
• HSA/HRA/FSA • Acronyms You Need to Understand
• Is It Possible for You to Consider a Self-Insured Health Plan?
• The Need to Manage Participant Education in an Era of Consumer-Directed Health Care

Wellness Programs
• Why They Can Save You More Than You Realize
• What You Can and Can’t Do
• Alternatives for Structuring Programs That Can Reduce Your Plan Expenses and Increase the Health of Your Employee Population

No Credit Available

Rebecca Dobbs Bush, Esq.-SmithAmundsen LLC