This seminar is designed for small business owners, human resource professionals, accountants, controllers, CFOs, tax managers, presidents and vice presidents, managers, office managers, planners, consultants and attorneys.
Choosing a health insurance plan or a health insurance professional is a complicated and important decision. This seminar will provide expert information on how to evaluate policies and risk to get the best value. The instructor will also update the attendees on numerous state and federal laws affecting the healthcare industry. Business owners, self-employeds, managers and accountants, will benefit from the insights offered at this seminar.
The presenter will cover the following topics:
• How To Increase Employee Benefits And Decrease Taxes At The Same Time
• Which Policy Is The Best Value
• Integrating Section 125 And 105 For Maximum Premium Savings
• Real Case Studies Saving 30% And How They Did It
• Nuts And Bolts Of Sections 125, 105, And 132 With Latest Rulings
8:30 a.m. - 9:00 a.m.
I. Introductions And The Basics Of Health Insurance
A. History Of Health Insurance
B. Origin Of Managed Care
C. Developing Changes/Trends
D. The Best Answers For Today – 25% Savings Possible!
9:00 a.m. - 10:20 a.m.
II. The Changing Landscape
A. Importance Of Understanding The Progression Of Health Insurance
B. Right Way And Wrong Way To Mange Risk
C. Employer Perspective – Employee Reaction
D. Employee Re-Education
10:20 a.m. - 10:30 a.m.
10:30 a.m. - 11:50 a.m.
III. Section 125 – Full Flexible Spending Accounts
A. 25% Credit Card vs. The Tax Free Bank Concept
B. Quick Calculation For Determining Projected Tax Savings To Owner
C. Intangible Benefits – Available Benefits
D. Mechanics Of Installation
11:50 a.m. - 12:00 p.m.
IV. Morning Wrap Up And Questions Session
12:00 p.m. - 1:00 p.m.
Lunch (On Your Own)
1:00 p.m. - 2:00 p.m.
V. Section 125 – Mechanics Of Participation
A. Elections By Employee
B. Payroll Function
C. Reimbursement Options Including Debit Card
D. Today’s Technology
2:00 p.m. - 2:10 p.m.
2:10 p.m. - 3:00 p.m.
VI. How To Shop The Market
A. Choosing Your Professional
B. Timeline For Installing A Changing Carrier’s Product (Carrier Requirements)
C. Selecting A Carrier
D. How To Evaluate A Proposal
E. Employer Requirements (Budget, Change, Knowledge Of Employee Needs)
3:00 p.m. - 4:15 p.m.
VII. MSA’s HRA’s Section 105
A. What Are They?
B. How They Help
C. Section 105 – The Small Business Secret Weapon
4:15 p.m. - 4:30 p.m.
VIII. Questions And Answers