Tag: employee benefits


Voluntary benefits & captives: A new paradigm of transparency & control

WP_InnovationBlog_2024

Join us on Thursday, March 28 from 1:00 to 1:30 CDT for Employee Benefit News’ Web Seminar “Voluntary benefits & captives: A new paradigm of transparency & control.”

Presenters

  • Steve Cyboran, ASA, MAAA, FCA, CEBS, actuary and strategy consultant
  • Amy Hollis, CEO/Founder at Employees First
  • Erik Sossa
  • Mimi Leonard
  • Allison Itami, Principal at Groom Law Group

Objective

Today, employers face increasing pressure to reduce costs while increasing the value of Total Rewards in an effort to elevate employees’ wellbeing. In this ever-challenging benefits landscape, there is a ground breaking innovation – the pairing of voluntary benefits with captives. This new approach offers exciting solutions, particularly for large-market employers, but first, but it is critical to understand and evaluate the potential opportunities and pitfalls.

Hear from industry leading benefits experts to learn more about…

  • the market forces driving these emerging solutions
  • the foundational basics – why deliver voluntary benefits through a captive?
  • the best practices for evaluating whether these solutions are a “fit” for your organization
  • expectations for the future
  • why you may not have heard about these solutions until now

Watch CEO’s Presentation on Strategies to Reduce Total Cost of Care

HBCH Presentation

Watch a replay of our CEO, Steve Cyboran, ASA, MAAA, FCA, CEBS, present at the Houston Business Coalition on Health on How to Reduce Total Cost of Care Through Organizational Culture. Joining him as a presenter is Ray Fabius, MD, Co-Founder and President of HealthNEXT.

Available Support

We are available to support you in your strategy, design, compliance, financial, and monitoring needs. Our team includes business and human relations leaders, finance experts, actuaries, clinicians, behavioral health experts, pharmacy experts, and legal resources to guide you through the strategy and compliance process. Please contact us: [email protected].

Webinar Replay: A “Dope” Response to Pharmacy Transparency

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

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: [email protected].

Watch

Watch the Hidden Opportunities: Preserving the Harvest…Leveraging HSAs Webinar Replay below, or via Rumble or YouTube.