Health Plan Re-Design: Deceptively Simple, Dangerously Complex
Look into our crystal ball. Emerging health plan designs, cost containment and long-term strategic planning captivate employers in specific industries and even generous employers in the face of the Cadillac tax. Lessons learned from implementation of emerging plan options and employee reception foreshadow challenges with the future of employer health plans. Understand high level trends – including changes to total compensation, funding changes, defined contribution at its finest, and consolidation of health care systems, insurance carries, and vendors – and how these macro changes affect the future. Compliance with federal law is crucial but truly is a catalyst for greater changes. Create long-term visions for employee expectations, head off struggles for clear communication, and reduce cost and administrative impacts using smart disruptive technology.
How to create a plan structure via a 3-5 year strategic plan to satisfy Finance, HR, employees and the federal agencies
How to avoid practical and legal pitfalls with employee engagement and communications
Assess risks and rewards of a self-funded plan, skinny or robust, including alongside other options
Your 2020 and 2025 plan designs and their fit with Cadillac tax, minimum value, and affordability