This presentation is designed to give the attendee a background in consumer-driven health plans. Some of the discussion will be focused on economic drivers and marketing issues. Most of the emphasis will be on health savings accounts (HSAs) with additional focus on health reimbursement arrangements (HRAs).
Health savings accounts and high deductible health plans will be discussed in terms of structure and taxation. They will be presented from the perspective of marketing high deductible plans and HSAs.
- Discussion of the current healthcare marketplace and recent carrier developments
- Learn the details about the proper use of debit cards for FSA/HSA/HRA plans.
- An overview of HSA and HRA arrangements: how they work, tax ramifications and social implications
- Effective wellness programs: taking the cost out of the system and not merely cost-shifting to employees
- Medicare Part D: what you need to do and when you need to do it
- Prescription drug carve-outs: are they right for you and your organization?
8:30 a.m. - 8:40 a.m.
I. General Welcome And Overview
8:40 a.m. - 10:45 a.m.
II. Lowering Costs Using A Focused
A. Why Past Programs Haven't Worked
B. What's Really Behind The Rise In Health Care Costs?
C. Identifying The Opportunities
D. Designing A Focused Approach
E. Using Incentives To Drive Behavior
F. Tracking And Monitoring Performance
10:45 a.m. - 10:55 a.m.
10:55 a.m. - 12:00 p.m.
III. Medicare Prescription Drug Plans
What Employers Need To Know
About Medicare Part D
A. Overview Of The Medicare Prescription Drug, Improvement And Modernization Act Of 2003 (MMA)
B. Overview Of Medicare Part D
C. Employer Options
D. Action Steps
12:00 p.m. - 1:00 p.m.
Lunch (On Your Own)
1:00 p.m. - 1:45 p.m.
IV. Prescription Drug Plans: Managing
Trend With A Benefit Carve-Out
A. The Cost Of Prescription Drugs: Forecast And Trends
B. Why Carve Out?
C. Purchasing Alliance: Does Size Matter?
D. Benefit Plan Design: A Scalpel Or A Meat Cleaver?
E. What Options Should You Be Exploring?
F. Is It Working? What Should You Know About Your Plan?
1:45 p.m. - 1:55 p.m.
1:55 p.m. - 2:05 p.m.
V. Consumer-Driven Healthcare
A. Quick History
B. Why Interest Now? Small Business 'Crisis'
2:05 p.m. - 2:30 p.m.
VI. Health Reimbursement Arrangements
A. What Is An HRA?
B. IRS Clarification
E. Best Fit
F. HRA Or FSA Or Both?
G. Potential Pitfalls
2:30 p.m. - 3:30 p.m.
VII. Health Savings Accounts
A. History Why MSAs Did Not Succeed
B. HSA Two Separate Parts
C. HSA Eligibility And Parameters
F. Tax Treatment Of Contributions And FSA/HSA Interaction
I. Withdrawals/Claims Paying
K. Hypothetical Comparison Of Conventional Plan And HDHP
M. Additional Issues
O. Reactions In The Marketplace
P. Ethical Responsibilities In Presentation Of HSA To Employer/Employees
3:30 p.m. - 4:30 p.m.
VIII. Stored Value Cards And Pre-Tax
A. What Are Stored Value Cards?
How Do Stored Value Cards Work?
B. IRS Assessment Of Stored Value Cards
C. Advantages And Disadvantages Of Stored Value Cards
D. Practical Application Of Stored Value Cards And Pre-Tax Benefit Plans