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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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THURSDAY, MARCH 21st 2013
Web: http://CBGBenefits.comEmail: [email protected]: 877-EE-Bnfts
CBG Benefitsand Mintz Levin:
Seminar Presentations
CBG Benefits | Copyright 2013 | http://CBGBenefits.com
Introducing: Chris and Ted
Chris CostelloFounder & Principal
CBG Benefits
Ted HaugheySr. Vice President
CBG Benefits
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
CBG Benefits | Copyright 2013 | http://CBGBenefits.com
Special Thanks to Our Gold Sponsor
• Human Capital Management Technology and Services
• Business ProcessOutsourcing
• Compliance Management
CBG Benefits | Copyright 2013 | http://CBGBenefits.com
Resources and Feedback
• Health Care Reform Compliance Checklist
• Presentations
• Workplace Wellness
• Feedback Form
CBG Benefits | Copyright 2013 | http://CBGBenefits.com
Who is CBG Benefits?
Employee Benefits | HR Communications | HRIS
What makes us different?
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
KEY ISSUES AFFECTINGHR 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
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
CBG Benefits | Copyright 2013 | http://CBGBenefits.com
New Strategies for New Circumstances
Funding Mechanisms Vendor Capabilities
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
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:
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
CBG Benefits | Copyright 2013 | http://CBGBenefits.com
Client-Centric Solutions: Exposing Employees to Options
Utilize online tools for self-service plan comparison:
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
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
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
CBG Benefits | Copyright 2013 | http://CBGBenefits.com
Video Presentation Sample: Overview
Click to Play: http://bit.ly/YU7kei
CBG Benefits | Copyright 2013 | http://CBGBenefits.com
Video Presentation: Open Enrollment Notice
Click to play: http://bit.ly/VB14KM
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!
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
KEYNOTE PRESENTATION
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
CBG Benefits | Copyright 2013 | http://CBGBenefits.com
Today’s Keynote Presentation
Tom GreeneMember
Mintz Levin
Patricia MoranAssociate
Mintz Levin
FINAL THOUGHTS
CBG Benefits | Copyright 2013 | http://CBGBenefits.com
Thank You to All Attendees!
Before you go… Who is going to sit here?
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
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!
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!
THANK YOU!
HAVE A GREAT AFTERNOON.