Next Generation Benefits
•Download as PPTX, PDF•
1 like•430 views
The document discusses next generation employee benefits that deliver affordable, sustainable, and competitive benefits to attract and retain talent. It promotes an understanding of healthcare reform and its effects on employers. Employers need to evaluate past benefit strategies and learn a new benefits design philosophy that can reduce healthcare spending by up to $2,000 per employee while improving satisfaction. A benefits business plan is outlined to transform outdated benefits plans into advanced, high-performance solutions focused on reducing healthcare needs.
Recommended
More Related Content
What's hot
What's hot (20)
Viewers also liked
Viewers also liked (14)
Similar to Next Generation Benefits
Similar to Next Generation Benefits (20)
Recently uploaded
Recently uploaded (20)
Next Generation Benefits
- 1. “Next Generation Benefits” Making possible the delivery of affordable, sustainable and competitive benefits that will retain and attract talent
- 2. “Next Generation Benefits” This Is Not “HealthCare Business as Usual” Copyright © 2013 Advanced Benefit Design Institute All Rights Reserved. 3254 Montana Ave. Suite 1002, Cincinnati, Ohio 45211 513-661-7581
- 3. Employers Need 3 Things: 1. A complete understanding of HealthCare Reform, how it affects them and the assurance your business will survive a DOL HealthCare Reform Audit. 2. Understand your past benefit strategy, what has worked and what has not. Do your benefits retain and attract talent? 3. Learn new philosophy of benefit’s design that has been reducing healthcare spending up to $2,000.00 per employee, flattened renewals and delivering extraordinary benefit satisfaction. Copyright © 2013 Advanced Benefit Design Institute All Rights Reserved. 3254 Montana Ave. Suite 1002, Cincinnati, Ohio 45211 513-661-7581
- 4. Preparing a DOL Audit Compliance Manual includes everything Employers need through 2015. However, if Obama Care changes, your manual may need to be updated. We deliver a 3 ring notebook compliance manual and an electronic file. DOL HealthCare Reform Audit Manual Service Copyright © 2013 Advanced Benefit Design Institute All Rights Reserved. 3254 Montana Ave. Suite 1002, Cincinnati, Ohio 45211 513-661-7581
- 5. • making decisions from spread sheets? You cannot manage healthcare from spreadsheets. Aren’t you tired of: • completing employee applications and switching benefits and doctors every year? • comparing current plan design vs. cost savings for plan design reductions? Making your people get sicker, quicker. Copyright © 2013 Advanced Benefit Design Institute All Rights Reserved. 3254 Montana Ave. Suite 1002, Cincinnati, Ohio 45211 513-661-7581
- 6. Education. Guidance. Resources. The Benefits Business Plan outlines how Employers can transform outdated and expensive employee health care benefit plans into advanced, High Performance benefits solutions. Employers need competitive value and affordability in their employee benefits. Implementation of a complete High Performance benefit system has to be delivered. One where the focus is on reducing the need for healthcare. Employers have to embrace analytics, predictive modeling, cost containment and a healthcare needs based benefit design. An incentive driven benefit solution purpose-built for slowing disease progression and meeting the healthcare needs of their employees is possible today. Benefits Business Plan Development Service Copyright © 2013 Advanced Benefit Design Institute All Rights Reserved. 3254 Montana Ave. Suite 1002, Cincinnati, Ohio 45211 513-661-7581
- 7. “Next Generation Benefits” Single Source Login! DOL Audit Compliance Manual Cost Containment Incentivized System Personal Health Score Cards-% of Modifiable Risk Premium Contribution Incentives Employer Communications 24/7 On Demand Reporting Superior Case Management Electronic Personal Health Records Exceptional Healthcare Analytics Lifestyle Risk Calculator Collaboration with Wellness vendor Benefits Business Plan Copyright © 2013 Advanced Benefit Design Institute All Rights Reserved. 3254 Montana Ave. Suite 1002, Cincinnati, Ohio 45211 513-661-7581
- 8. What is it that we have to accomplish in order to do business? Copyright © 2013 Advanced Benefit Design Institute All Rights Reserved. 3254 Montana Ave. Suite 1002, Cincinnati, Ohio 45211 513-661-7581
- 9. Simplified High Performance Benefits Delivery! All of your employee benefits and employer communications are delivered from a facebook type user interface. On demand 24/7 management reporting is delivered through the dashboard from any browser to HR, wellness coaches and case managers = Better Care. Member’s Physicians, technology, wellness coach, case manager can deliver healthcare messaging and interventions directly to the covered member. You can monitor your group’s progress with healthcare management 24/7. HIPAA compliant, HR duties are reduced, HR can focus on other important tasks. Copyright © 2013 Advanced Benefit Design Institute All Rights Reserved. 3254 Montana Ave. Suite 1002, Cincinnati, Ohio 45211 513-661-7581
- 10. Engagement – all employees and spouses Education – solving for medical illiteracy & presenting their Modifiable Risk number 100% Transparency, Data – all sources; Rx, Biometric & Healthcare All data is actionable – 100% Psychosocial interventions – leveraging intrinsic and extrinsic motivation The knowledge of being watched and action of having to report to someone we trust (doctor, wellness coach, case manager) “Crystal Ball,” Retirement Illustration of Health & Wealth Outcomes © 2013 MedEncentive, LLC. All Rights Reserved Copyright © 2013 Advanced Benefit Design Institute All Rights Reserved. 3254 Montana Ave. Suite 1002, Cincinnati, Ohio 45211 513-661-7581 Why does this outperform all other methods of cost containment?
- 11. Copyright © 2013 Advanced Benefit Design Institute All Rights Reserved. 3254 Montana Ave. Suite 1002, Cincinnati, Ohio 45211 513-661-7581
- 12. Copyright © 2013 Advanced Benefit Design Institute All Rights Reserved. 3254 Montana Ave. Suite 1002, Cincinnati, Ohio 45211 513-661-7581 Evidence Based Measured Results
- 13. DOLAudit Compliance Manuals Agency E-Card Introduction Next Generation Benefits Employers Need 3Things Contact us today to learn more! 1-513-661-7581 Click on the presentation you would like to view! Copyright © 2013 Advanced Benefit Design Institute All Rights Reserved. 3254 Montana Ave. Suite 1002, Cincinnati, Ohio 45211 513-661-7581
- 14. Contact: HealthCare Expense Reduction Expert D. Scott Hettesheimer Advanced Benefit Design Institute, LLC 3254 MontanaAve., Suite 1003 Cincinnati,Ohio 45211 513-661-7581 scott@GroupBenefitsExperts.com http://www.AdvancedBenefitDesignInstitute.com Copyright © 2013 Advanced Benefit Design Institute All Rights Reserved. 3254 Montana Ave. Suite 1002, Cincinnati, Ohio 45211 513-661-7581
Editor's Notes
- With Next Generation Benefits it is possible to create competitive healthcare benefits that retain and attract talent at an affordable and sustainable cost.
- Every year at renewal you send your group benefits out for quotes then raise deductibles, co-pays and other out of pocket medical costs. This strategy actually makes your group sicker – quicker because of the cost shifting you do through benefit reductions and employee premium contributions
- Next Generation Benefits restores benefit satisfaction and saves $1,300 to $3,000 per employee per year
- Our ERISA Academy is comprehensive and is delivered with our ReInvent your Benefit’s agency business/marketing plan. ERISA product training to create and present proposals; 4 hours of our on-line webinar assistance helping you present and sell to a prospect, training on 12 cost containment/reduction products; creating a benefits business plan for your clients, licensing and credentialing for all of the products. For a complete list go to our Group Agent Resources web site and review products.
- We provide an introduction to ERISA, enough information for brokers to learn so that they can confidently create, sell and service this type of employer solution. There are several aspects of PPACA that do not apply to ERISA contracts. Benefit design flexibility has always been the number 1 attraction to ERISA solutions. All of the cost containment products, wellness, health care shopping tools that reduce health care claims, are for the most part kept by the employer. The latest ERISA contracts identify and limit risk making ERISA contracts risk acceptable for the smallest of groups – down to 5 lives.
- The comprehensive list of actions creates the standard for all health benefit plans to perform. No one incorporates comparable actions. All results are measurable – evidence based reporting.
- I can solve your affordability issues and improve productivity, presenteeism and state of health for all of your plan participants. If I prove that I can do this within your current benefits budget, do I get your business?
- The management of your healthcare needs and consumption is comprehensive, however you and your employees do not have additional HR responsibilities. If fact, your current in house HR team has less to do, freeing them to work on other HR tasks.
- Our solution works because we target and engage all plan participants. We are successful in engagement because we know how to engage. Simple to use single source login, familiar face book like user interface and functionality that can be expanded to aid each users organization needs.
- If you have a wellness plan and like it you can keep it. We are not a wellness plan, we are vendor agnostic and our systems measurably improve the performance of wellness plans.
- We are all about providing evidence, results of our work performed. All reports are created from your healthcare plan data, no national benchmarking. Proof that our solution is creating better care, better health and lower cost
- Please view our other presentations, specifically “Re-Inventing; Reform Proof your Benefits Agency and call me when you want to work with a knowledgeable and experienced professional. Start getting paid from the savings you create. Your clients can pay commissions or fees for services or % of savings. It’s your choice, our clients Pay only for performance and we share in cost reductions.
- WE deliver everything you need, from A – Z to transition into self insured ERISA insurance contracts. Survive and thrive in the ERA of Health care reform. Contact us today to get started, we only work with one agency per market.