MRC - Manufacturers Resource Center

 

The Evolution of Self-Funded Benefits Strategies

 

Date/Time
Date(s) - January 23rd, 2019
11:30 am - 1:00 pm

Location
Manufacturers Resource Center


The Evolution of Self-Funded Benefits Strategies:  A Fit for Your Organization?

Free Lunch & Learn
January 23, 2018
11:30 am – 1:00 pm

Location:
Manufacturers Resource Center
Hanover Office Plaza
961 Marcon Boulevard, Suite 200
Allentown, PA 18109

benefit cost concept compass icolated on white background

As health care costs rise each year, employers are starting to look at different ways to manage risk and control costs utilizing self-funded benefits strategies. We will explore a few different ways to “self-insure,” as well as how to manage prescription costs, which are increasing faster than all other health care costs.  We will also discuss Well-being Programs, and how they play a critical role in reducing risk and health care spending for both the employer and the employee.

Program takeaway:

    • How to determine if a self-funded plan is the right choice
    • Different types of self-funded plans and how they work
    • Trends in prescription drug costs and how to manage them
    • Well-being programs, how they work, and their impact on health care costs

 

Why you should attend:  

This will be very beneficial to any employer challenged by the health care landscape today.  With rising costs and a thinning labor pool, it is more important than ever for employers to offer a benefits program that supports their financial goals and attracts/retains talent.

Employers will learn different ways to explore self-funding their health plan and innovative strategies for sharing the risk with their employees.  Learn about nationwide trends in prescription drug spending and different ways to manage/reduce that cost.

Target audience:  HR Directors, CFOs, CEOs, and anyone responsible for designing, budgeting or funding a benefits program.

No Cost: Registration is required

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Presenter:
Jim O’Connor
President, Employee Benefits
CBIZ ESO Manasquan
2421 Atlantic Avenue
Manasquan, NJ 08736
www.cbiz.com

Jim O’Connor Bio: Jim has over 30 years in the employee benefits industry serving public sector employers, private foundations and non-profit organizations, middle market employers and health care organizations. In July 2009 Jim and his partners sold their employee benefits and human resources consulting firm, Egan, Amato & O’Connor (EAO Benefits), to CBIZ in order to open the metropolitan New York/New Jersey market for CBIZ Benefits & Insurance Services. Prior to forming EAO Benefits in 2004, Jim was Executive Vice President of Bank of America’s employee benefits and commercial insurance division. In this role Jim oversaw the client consulting activities nationally across all divisions of the company. Previously Jim was President of Meeker Sharkey Benefits, an employee benefits brokerage/consulting firm focused on non-profit, health care, public entity and middle market employers.

CBIZ is a leading provider of business services in the United States and employs more than 4,000 professionals in more than 100 locations, serving more than 90,000 clients nationwide. Our Employee Benefits division provides insurance brokerage and consulting services for group health, ancillary as well as voluntary benefits.


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The Evolution of Self-Funded Benefits Strategies: A Fit for Your Organization?

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