NMSU Administration and Finance 2014 239 - HR Information ...
Key Issues Impacting HR and Finance
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Transcript of 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
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
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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
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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.