Event Details
September Meeting: – Emerging Risks and Opportunities in Employee Benefits
| Date: | September 12, 2023 |
| Organizer: | Cedar Valley SHRM |
| Location: | 3117 Greenhill Cir, Cedar Falls IA |
| Price: | |
| Event Type: | Meeting |
| iCal link | Add to Calendar |
Presenter: John Monaghan
Presenting: Emerging Risks and Opportunities in Employee Benefits
The cost of health insurance has continued to rise much faster than the typical rate of inflation. This presentation will pull back the blinds as to why this has continued to happen and reveal ways employers are able to offset many of the drivers of these increased cost including alternative financing models Partial self-funding, medical captives, etc as well as specific plan strategies that can improve benefits at a greatly reduced cost. Yes, this can be done!!!
Attendees will learn:
- Multiple factors post health reform that have increased the cost of healthcare
- Alternative financing strategies that can greatly improve plan performance and lessen cost volatility
- Newly developed medical and prescription strategies that can be implemented to improve the benefits while reducing employer and employee costs
John Monaghan – Partner and President, Employee Benefits – John has been helping employers design and implement employee benefits programs since 1997. John serves as a consultant to public and private employers throughout the state of Iowa with a specific emphasis on benefit cost analyses and alternative financing. He is a recognized expert in the state of Iowa pertaining to health plan cost control through consumer-driven health plans with an emphasis on wellness and prescription drug management. His specialties include employee benefits consulting for larger employers, especially those that are self-funded or looking for alternative financing options such as medical captives.
