Category: Employee Benefits
Webinar Replay: Mental Health Parity…A Lucid Approach
Watch a replay of the fourth webinar in Humaculture, Inc.’s Hidden Opportunities, Strategic Compliance Series, which focuses on why mental health issues, costs, and administration continue to increase despite Mental Health Parity efforts and how to effectively respond.
Presenters
- Steve Cyboran, ASA, MAAA, FCA, CEBS, actuary and strategy consultant
- Wes Rogers, Humaculturist® and strategy consultant
- Jack Towarnicky, LLM, JD, MBA, CEBS, attorney, strategy and compliance consultant
Objective
Beyond basic compliance, this series addresses how to strategically leverage the No Surprises Act and Transparency in Coverage to create a competitive advantage for both the employer and employees. This session focuses on how investing in the organizational soil is “A Lucid Approach” and an example of a strategic action to build organizational resilience and mental fitness by leveraging the purpose, alignment, and health of the organization.
Mental Health Parity Key Takeaways
During this session, participants will learn:
- Mental Health Parity in health benefits has not reduced mental health issues
- In fact, mental health issues continue to increase despite efforts to equalize benefits
- Mere CAA compliance will increase costs and administration
- How investing in the soil is “A Lucid Approach” and an example of a strategic action to:
- Avoid what can be avoided
- Leverage the purpose, alignment, and health of the organization
- Build organizational resilience and mental fitness
- Communicate all negatives as the result of compliance
- Leverage behavioral design to achieve meaningful impact
Available Support
We are available to support you in your strategy, design, compliance, financial, and monitoring needs. To that end, our team of consultants, including actuaries, clinicians, behavioral health, pharmacy, and legal resources are available to guide you through the compliance process. Please contact us: info@humaculture.com.
Watch
Watch the Hidden Opportunities: Preserving the Harvest…Leveraging HSAs Webinar Replay below, or via Rumble.
Hidden Opportunities: Mental Health Parity…A Lucid Approach
Join us on Thursday, April 21 from 12:00 to 12:30 CST for the fourth webinar in Humaculture, Inc.’s Hidden Opportunities, Strategic Compliance Series, to learn why mental health issues, costs, and administration continue to increase despite Mental Health Parity efforts and how to effectively respond.
Presenters
- Steve Cyboran, ASA, MAAA, FCA, CEBS, actuary and strategy consultant
- Wes Rogers, Humaculturist® and strategy consultant
- Jack Towarnicky, LLM, JD, MBA, CEBS, attorney, strategy and compliance consultant
Objective
Beyond basic compliance, this series addresses how to strategically leverage the No Surprises Act and Transparency in Coverage to create a competitive advantage for both the employer and employees. In this session we will include a focus on how investing in the organizational soil is “A Lucid Approach” and an example of a strategic action to build organizational resilience and mental fitness by leveraging the purpose, alignment, and health of the organization.
Mental Health Parity Key Takeaways
During this session, participants will learn:
- Mental Health Parity in health benefits has not reduced mental health issues
- In fact, mental health issues continue to increase despite efforts to equalize benefits
- Mere CAA compliance will increase costs and administration
- How investing in the soil is “A Lucid Approach” and an example of a strategic action to:
- Avoid what can be avoided
- Leverage the purpose, alignment, and health of the organization
- Build organizational resilience and mental fitness
- Communicate all negatives as the result of compliance
- Leverage behavioral design to achieve meaningful impact
Webinar Replay: A “Dope” Response to Pharmacy Transparency
Watch a replay of the third webinar in Humaculture, Inc.’s Hidden Opportunities, Strategic Compliance Series, which focuses on why the new pharmacy transparency law will not increase transparency; will increase costs, administration, and litigation risk; and how to effectively respond.
Presenters
- Steve Cyboran, ASA, MAAA, FCA, CEBS, actuary and strategy consultant
- Wes Rogers, Humaculturist® and strategy consultant
- Jack Towarnicky, LLM, JD, MBA, CEBS, attorney, strategy and compliance consultant
- Scott McKibbin, strategy and pharmacy consultant
Objective
Beyond basic compliance, this series addresses how to strategically leverage the No Surprises Act to create a competitive financial advantage for both the plan sponsor and plan participants. This session focuses on leveraging Acquisition Cost Based Pharmacy Pricing as well as Behavioral Design and Messaging as an example of a strategic action organizations can take to optimize this compliance opportunity.
Pharmacy Transparency Key Takeaways
During this session, participants will learn:
- Transparency is a misnomer – New rules don’t provide transparency
- Pharmacy is likely to continue to be rather “opaque”
- The conundrum – mere compliance will likely increase costs, administration, and litigation risk
- How to use Acquisition Cost Based Pharmacy Pricing as well as Behavioral Design and Messaging as examples of strategic actions to:
- Avoid what can be avoided
- Provide true transparency with pharmacy benefits
- Empower consumers to make better, more clinically appropriate decisions
- Communicate all negatives as the result of compliance
- Inform/educate consumers (before they become patients)
Available Support
We are available to support you in your strategy, design, compliance, financial, and monitoring needs. To that end, our team of consultants, including actuaries, clinicians, behavioral health, pharmacy, and legal resources are available to guide you through the compliance process. Please contact us: info@humaculture.com.
Watch
Watch the Hidden Opportunities: Preserving the Harvest…Leveraging HSAs Webinar Replay below, or via Rumble.
Hidden Opportunities, A Strategic Compliance Series: A “Dope” Response to Pharmacy Transparency
You can now access a replay of this webinar here.
Join us on Thursday, March 17 from 12:00 to 12:30 CST for the third webinar in Humaculture, Inc.’s Hidden Opportunities, Strategic Compliance Series, to learn why the new pharmacy transparency law will not increase transparency; will increase costs, administration, and litigation risk; and how to effectively respond.
Presenters
- Steve Cyboran, ASA, MAAA, FCA, CEBS, actuary and strategy consultant
- Wes Rogers, Humaculturist® and strategy consultant
- Jack Towarnicky, LLM, JD, MBA, CEBS, attorney, strategy and compliance consultant
- Scott McKibbin, strategy and pharmacy consultant
Objective
Beyond basic compliance, this series addresses how to strategically leverage the No Surprises Act and Transparency in Coverage to create a competitive advantage for both the employer and employees. In this session we will include a focus on leveraging Acquisition Cost Based Pharmacy Pricing as well as Behavioral Design and Messaging as an example of a strategic action organizations can take to optimize this compliance opportunity.
Pharmacy Transparency Key Takeaways
During this session, participants will learn:
- Transparency is a misnomer – New rules don’t provide transparency
- Pharmacy is likely to continue to be rather “opaque”
- The conundrum – mere compliance will likely increase costs, administration, and litigation risk
- How to use Acquisition Cost Based Pharmacy Pricing as well as Behavioral Design and Messaging as examples of strategic actions to:
- Avoid what can be avoided
- Provide true transparency with pharmacy benefits
- Empower consumers to make better, more clinically appropriate decisions
- Communicate all negatives as the result of compliance
- Inform/educate consumers (before they become patients)
Webinar Replay: Preserving the Harvest…Leveraging HSAs
Watch a replay of the second webinar in Humaculture, Inc.’s Hidden Opportunities, Strategic Compliance Series, which focuses on Surpassing Mere Compliance and includes an example of leveraging Health Savings Accounts (HSAs) to use tax preferences to finance what can’t/shouldn’t be avoided, promote financial well-being, and make benefits more distinctive in talent attraction and retention.
Presenters
- Steve Cyboran, ASA, MAAA, FCA, CEBS, actuary and strategy consultant
- Wes Rogers, Humaculturist® and strategy consultant
- Jack Towarnicky, LLM, JD, MBA, CEBS, attorney, strategy and compliance consultant
- Kelley C. Long, CPA/PFS, CFP®, accountant, financial well-being planner, coach, and consultant
Objectives
Beyond basic compliance, this series addresses how to strategically leverage the No Surprises Act to create a competitive financial advantage for both the plan sponsor and plan participants. This session focuses on Surpassing Mere Compliance and includes Reference Based Pricing as an example of a strategic response to use tax preferences to “preserve the harvest” by financing tax effectively what can’t/shouldn’t be avoided with the No Surprises Act.
Leveraging HSAs Key Takeaways
During this session, participants will learn:
- Why the No Surprises Act is likely to be inflationary – increasing employer and employee costs
- How employees are financially fragile and aren’t prepared for out-of-pocket expenses
- Why Transparency Rules present opportunities to help employees become better consumers
- How to communicate all negatives as necessary due to compliance
- How HSA-eligible coverage with an HSA is one strategic action you can take to:
- Use tax preferences to finance what can’t/shouldn’t be avoided
- Use design levers to reduce plan and participant cost
- Create a distinctive design to attract and retain talent (self-selection)
Available Support
We are available to support you in your strategy, design, compliance, financial, and monitoring needs. To that end, our team of consultants, including actuaries, clinicians, behavioral health, pharmacy, and legal resources are available to guide you through the compliance process. Please contact us: info@humaculture.com.
Watch
Watch the Hidden Opportunities: Preserving the Harvest… Leveraging HSAs Webinar Replay below, or via Rumble.
Hidden Opportunities, A Strategic Compliance Series: Preserving the Harvest…Leveraging HSAs
This webinar can now be accessed from Here.
Join us on Thursday, February 17 from 12:00 to 12:30 CST for the second webinar in Humaculture, Inc.’s Hidden Opportunities, Strategic Compliance Series, which will focus on Surpassing Mere Compliance and include an example of leveraging Health Savings Accounts (HSAs) to use tax preferences to finance what can’t/shouldn’t be avoided, promote financial well-being, and make benefits more distinctive in talent attraction and retention.
Presenters
- Steve Cyboran, ASA, MAAA, FCA, CEBS, actuary and strategy consultant
- Wes Rogers, Humaculturist® and strategy consultant
- Jack Towarnicky, LLM, JD, MBA, CEBS, attorney, strategy and compliance consultant
- Kelley C. Long, CPA/PFS, CFP®, accountant, financial well-being planner, coach, and consultant
Objective
Beyond basic compliance, this series addresses how to strategically leverage the No Surprises Act and Transparency in Coverage to create a competitive advantage for both the employer and employees. In this session we will include a focus on leveraging HSAs as an example of a strategic response to use tax preferences to finance what can’t/shouldn’t be avoided with the No Surprises Act.
Leveraging HSAs Key Takeaways
During this session, participants will learn:
- Why the No Surprises Act is likely to be inflationary – increasing employer and employee costs
- How employees are financially fragile and aren’t prepared for out-of-pocket expenses
- Why Transparency Rules present opportunities to help employees become better consumers
- How to communicate all negatives as necessary due to compliance
- How HSA-eligible coverage with an HSA is one strategic action you can take to:
- Use tax preferences to finance what can’t/shouldn’t be avoided
- Use design levers to reduce plan and participant cost
- Create a distinctive design to attract and retain talent (self-selection)
Webinar Replay: Surpassing Mere Compliance – Including Reference Based Pricing
Watch a replay of the first webinar in Humaculture, Inc.’s Hidden Opportunities, Strategic Compliance Series, which focuses on Surpassing Mere Compliance and includes an example of using Reference Based Pricing.
Presenters
- Steve Cyboran, ASA, MAAA, FCA, CEBS, actuary and strategy consultant
- Wes Rogers, Humaculturist® and strategy consultant
- Jack Towarnicky, LLM, JD, MBA, CEBS, strategy and compliance consultant
Objectives
Beyond basic compliance, this series addresses how to strategically leverage the No Surprises Act to create a competitive financial advantage for both the plan sponsor and plan participants. This session focuses on Surpassing Mere Compliance and includes Reference Based Pricing as an example of a strategic response to avoid compliance with many aspects of the No Surprises Act.
Surpassing Mere Compliance Takeaways
During this session, participants will learn:
- The No Surprises Act doesn’t eliminate all “surprises”
- The No Surprises Act is likely to be inflationary
- Mere compliance won’t reign in costs, will increase administration, and may increase litigation risk
- Using Reference Based Pricing as one example of strategic actions you can take to:
- Avoid what can be avoided
- Use tax preferences to finance what can’t/shouldn’t be avoided
- Communicate all negatives as the result of compliance
- Inform/educate consumers (before they become patients)
Available Support
We are available to support you in your strategy, design, compliance, financial, and monitoring needs. To that end, our team of consultants, including actuaries, clinicians, behavioral health, pharmacy, and legal resources are available to guide you through the compliance process. Please contact us.
Watch
Watch the Hidden Opportunities: Surpassing Mere Compliance – Including Reference Based Pricing Webinar Replay below, or via Rumble.
Hidden Opportunities, A Strategic Compliance Series: Surpassing Mere Compliance – Including Reference Based Pricing
This webinar can now be accessed from Here.
Join us on Thursday, January 20 from 12:00 to 12:30 CST for the first webinar in Humaculture, Inc.’s Hidden Opportunities, Strategic Compliance Series, which will focus on Surpassing Mere Compliance and include an example of using Reference Based Pricing.
Presenters
- Steve Cyboran, ASA, MAAA, FCA, CEBS, actuary and strategy consultant
- Wes Rogers, Humaculturist® and strategy consultant
- Jack Towarnicky, LLM, JD, MBA, CEBS, strategy and compliance consultant
Objective
Beyond basic compliance, this series will address how to strategically leverage the No Surprises Act to create a competitive financial advantage for both the plan sponsor and plan participants. In this session we will include a focus on Surpassing Mere Compliance and include Reference Based Pricing as an example of a strategic response to avoid compliance with many aspects of the No Surprises Act.
Surpassing Mere Compliance Takeaways
During this session, participants will learn:
- The No Surprises Act doesn’t eliminate all “surprises”
- The No Surprises Act is likely to be inflationary
- Mere compliance won’t reign in costs, will increase administration, and may increase litigation risk
- Using Reference Based Pricing as one example of strategic actions you can take to:
- Avoid what can be avoided
- Use tax preferences to finance what can’t/shouldn’t be avoided
- Communicate all negatives as the result of compliance
- Inform/educate consumers (before they become patients)
Hidden Opportunities, A Strategic Compliance Series
Please join us on the third Thursday of the month over the next five months for our upcoming strategic compliance series. This series will focus on harnessing Hidden Opportunities in the No Surprises Act and Transparency in Coverage regulations.
In this webinar series we explore ways organizations can go beyond basic compliance and improve their “organizational soil” through a strategic response to the No Surprises Act and the Transparency in Coverage regulations. Our goal is to help organizations create a competitive advantage. Does it make sense to expend limited resources to merely comply with the law and regulations, or is there a way to strategically “design the compliance away” while strategically differentiating the employee value proposition?
For example, a knowledgeable horticulturist may use the high temperatures of the summer season, which are a normal part of the environment just as law and regulation are a normal part of the business environment, to solarize the soil. This is a low cost and simple process of spreading a plastic sheet over an area of soil to trap and intensify the sun’s energy. It is a process that works well to destroy weed seeds and pathogens. Similarly, a knowledgeable Humaculturist® can employ techniques to leverage laws and regulations to strategically improve the organization. This webinar series seeks to identify some of these techniques.
The topics for the upcoming series will include:
Hidden Opportunities: No Surprises Act
- January 20, 2022 12:00-12:30 CST – Surpassing Mere Compliance – Including Reference Based Pricing
- February 17, 2022 12:00-12:30 CST – Preserving the Harvest…Leveraging HSAs
Hidden Opportunities: Transparency
- March 17, 2022 12:00-12:30 CST – A “Dope” Response to Pharmacy Transparency
- April 21, 2022 12:00-12:30 CST – Mental Health Parity…A Lucid Approach
- May 19, 2022 12:00-12:30 CST – Pest Management, Minimizing Plan Losses through Fee Disclosure
To view a video on the Humaculture, Inc. Compliance Toolkit that can help support your basic compliance efforts, click here.
Available Support
We are available to support you in your strategy, design, compliance, financial, and monitoring needs. To that end, our team of consultants, including actuaries, clinicians, behavioral health, pharmacy, and legal resources are available to guide you through the compliance process. Please contact us.
Steve Cyboran Brings Humaculture® Perspective on Data Driven Results
Steve Cyboran brings the Humaculture® Perspective to a panel discussion on Data Driven Results for HR Professionals. Join Steve on October 21, 2021 at the Junior League for the Houston Compensation & Benefits Luncheon.
When:
October 21, 2021
11:30 AM CDT – 1:15 PM CDT
Add to Calendar
Where:
Junior League of Houston
1811 Briar Oaks Lane
Houston, TX 77027
Register: Here
