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THURSDAY, MARCH 21st 2013 Web: http://CBGBenefits.com Email: [email protected] Phone: 877-EE-Bnfts CBG Benefits and Mintz Levin: Seminar Presentations

Key Issues Impacting HR and Finance

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On March 21st, 2013, CBG Benefits hosted a seminar to help employers understand their responsibilities under health care reform. Prior to the keynote presentation by Mintz Levin, Chris Costello and Ted Haughey of CBG Benefits delivered the presentation entitled "Key Issues Impacting HR and Finance." In just a few slides, they highlighted the current landscape, but more importantly, steps that companies can take to deal with high-level and day-to-day issues.

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Page 1: Key Issues Impacting HR and Finance

THURSDAY, MARCH 21st 2013

Web: http://CBGBenefits.comEmail: [email protected]: 877-EE-Bnfts

CBG Benefitsand Mintz Levin:

Seminar Presentations

Page 2: Key Issues Impacting HR and Finance

CBG Benefits | Copyright 2013 | http://CBGBenefits.com

Introducing: Chris and Ted

Chris CostelloFounder & Principal

CBG Benefits

Ted HaugheySr. Vice President

CBG Benefits

Page 3: Key Issues Impacting HR and Finance

CBG Benefits | Copyright 2013 | http://CBGBenefits.com

Today’s Agenda

• Key Issues Impacting HR & Finance(CBG Benefits)

• Employer Responsibilities UnderHealth Care Reform(Mintz Levin)

• Final Thoughts and Raffle Prizes

Page 4: Key Issues Impacting HR and Finance

CBG Benefits | Copyright 2013 | http://CBGBenefits.com

Special Thanks to Our Gold Sponsor

• Human Capital Management Technology and Services

• Business ProcessOutsourcing

• Compliance Management

Page 5: Key Issues Impacting HR and Finance

CBG Benefits | Copyright 2013 | http://CBGBenefits.com

Resources and Feedback

• Health Care Reform Compliance Checklist

• Presentations

• Workplace Wellness

• Feedback Form

Page 6: Key Issues Impacting HR and Finance

CBG Benefits | Copyright 2013 | http://CBGBenefits.com

Who is CBG Benefits?

Employee Benefits | HR Communications | HRIS

What makes us different?

Page 7: Key Issues Impacting HR and Finance

CBG Benefits | Copyright 2013 | http://CBGBenefits.com

How CBG Benefits Fits in the Competitive Landscape

Advantages We Have:

• Nimbleness• Lower cost structures• Willingness to take risks• We’re innovative

Page 8: Key Issues Impacting HR and Finance

KEY ISSUES AFFECTINGHR AND FINANCE

Page 9: Key Issues Impacting HR and Finance

CBG Benefits | Copyright 2013 | http://CBGBenefits.com

Issues Seen From the 30,000 Foot View

Landscape Now Impacting Your Business:

• Rising Costs

• Compliance

• Efficiency

Page 10: Key Issues Impacting HR and Finance

CBG Benefits | Copyright 2013 | http://CBGBenefits.com

Day-to-Day Responsibilities: Looking Ahead

• Exchanges (State & Private)

• Affordability (Federal Mandates)

• Attracting and retaining employees

• “More with less”: Time, budget, and resources

Every Day Tomorrow

Page 11: Key Issues Impacting HR and Finance

CBG Benefits | Copyright 2013 | http://CBGBenefits.com

New Strategies for New Circumstances

Funding Mechanisms Vendor Capabilities

Page 12: Key Issues Impacting HR and Finance

CBG Benefits | Copyright 2013 | http://CBGBenefits.com

Three Steps to Success

1. Leveraging Your Data

2. Client-Centric Solutions

3. Engage Employees with Clear Communication & Technology

Page 13: Key Issues Impacting HR and Finance

CBG Benefits | Copyright 2013 | http://CBGBenefits.com

Action Item #1: Leveraging Your Data

Benchmark your data & find actionable insight:

Prior CurrentCancer Screening

37.8% 36.2%

Cholesterol Screening

37.0% 39.2%

Wellness Visit

39.0% 37.8%

WellnessExam:

CholesterolScreening:

Page 14: Key Issues Impacting HR and Finance

CBG Benefits | Copyright 2013 | http://CBGBenefits.com

Action Item #2: Client-Centric Solutions

CoinsuranceAmount

MemberResponsibility

Health Reimbursement

Account

Prev

entiv

e Ca

re

Out-of-pocket maximum

In-Network covered 100% by Employer

Employee share of the deductible

Provided 100% by Employer

% plan pays after Deductible

Annual Deductible

Tools &Resources

Page 15: Key Issues Impacting HR and Finance

CBG Benefits | Copyright 2013 | http://CBGBenefits.com

Client-Centric Solutions: Exposing Employees to Options

Utilize online tools for self-service plan comparison:

Page 16: Key Issues Impacting HR and Finance

CBG Benefits | Copyright 2013 | http://CBGBenefits.com

Action Item #3: Improve Communication & Engagement

Employee Surveys

• Educate… and Empower• Use new channels to share info• Measure effectiveness• Compliance distribution & tracking

Newsletters

Mobile Tools

Page 17: Key Issues Impacting HR and Finance

CBG Benefits | Copyright 2013 | http://CBGBenefits.com

Customer Testimonial

“The breadth of information covered and the specific nature of the information in the weekly updates has been a great way for me to keep in touch on timely and relevant issues in one place.”

- Loren Kennedy Director of Human Resources at World Travel Holdings

Page 18: Key Issues Impacting HR and Finance

CBG Benefits | Copyright 2013 | http://CBGBenefits.com

Communication: More Critical Than Ever

• Dynamic and interactive• Mobile & measurable

• Open Enrollment• Employee On-Boarding• Benefits Education• Policy Information• Wellness Programs

Page 19: Key Issues Impacting HR and Finance

CBG Benefits | Copyright 2013 | http://CBGBenefits.com

Video Presentation Sample: Overview

Click to Play: http://bit.ly/YU7kei

Page 20: Key Issues Impacting HR and Finance

CBG Benefits | Copyright 2013 | http://CBGBenefits.com

Video Presentation: Open Enrollment Notice

Click to play: http://bit.ly/VB14KM

Page 21: Key Issues Impacting HR and Finance

CBG Benefits | Copyright 2013 | http://CBGBenefits.com

Final Thoughts and Summary

• Develop a strategy

• Leverage your data

• Client-centric solutions

• Communicate. Communicate. Communicate.

• CBG Benefits is here to help!

Page 22: Key Issues Impacting HR and Finance

CBG Benefits | Copyright 2013 | http://CBGBenefits.com

Special Offer for Attendees

Complimentary Benefit Program Audit

• Sign up in next 30 days

• Ask a CBG representative

• Or, visit CBGBenefits.com/seminar

Page 23: Key Issues Impacting HR and Finance

KEYNOTE PRESENTATION

Page 24: Key Issues Impacting HR and Finance

CBG Benefits | Copyright 2013 | http://CBGBenefits.com

About Mintz Levin

Global Industry Leaders

• Law firm with 450 attorneys serving clients worldwide• Routinely listed on annual Best Law Firms lists

Health Care Reform Experts

• Clear leader when it comes to the Affordable Care Act• Played significant role in MA health care reform law• Has done over 100 presentations on this subject

Page 25: Key Issues Impacting HR and Finance

CBG Benefits | Copyright 2013 | http://CBGBenefits.com

Today’s Keynote Presentation

Tom GreeneMember

Mintz Levin

Patricia MoranAssociate

Mintz Levin

Page 26: Key Issues Impacting HR and Finance

FINAL THOUGHTS

Page 27: Key Issues Impacting HR and Finance

CBG Benefits | Copyright 2013 | http://CBGBenefits.com

Thank You to All Attendees!

Before you go… Who is going to sit here?

Page 28: Key Issues Impacting HR and Finance

CBG Benefits | Copyright 2013 | http://CBGBenefits.com

A Few Ways to Connect with Us

Web: http://CBGBenefits.comPhone: 877-EE-Bnfts

Follow us on LinkedIn

Connect with us on Twitter

Pin with us on Pinterest

Subscribe to our Blog

Visit Us:800 W. Cummings Park, Suite 6900

Woburn, MA 01801

Page 29: Key Issues Impacting HR and Finance

CBG Benefits | Copyright 2013 | http://CBGBenefits.com

Don’t Forget: Free Resources and Feedback!

Please hand in the feedback form inside the folder…

… or visit CBGBenefits.com/seminar to respond online!

_______________________

Don’t forget to download our free resources!

Page 30: Key Issues Impacting HR and Finance

CBG Benefits | Copyright 2013 | http://CBGBenefits.com

The Bottom-Line

We are happy to offer our assistance in a variety of ways to help you achieve your goals and objectives for years to come!

Strong Benefits Build Strong Companies!

Page 31: Key Issues Impacting HR and Finance

THANK YOU!

HAVE A GREAT AFTERNOON.