Podcasts about cdhp

Auditorium Theatre CEO Rich Regan speaks to Chicago Dance History Project's Executive and Artistic Director Jenai Cutcher about her career, CDHP's past, present, and future, plus some amazing stories from her many one-on-one interviews!

In this episode of the Perspectives podcast, sponsored by Lively and hosted on BenefitsPRO.com, we’ll hear highlights from the October 20th presentation titled, How to Maximize Open Enrollment Virtually & Reduce Costs with CDHP Adoption.    Employers are facing many challenges. And some of them are approaching virtual open enrollment for the first time, all while trying to help employees make cost-conscious health plan selections, which is more important than ever. Brokers can help them save money by guiding them towards the right coverage mix for business and personal needs, as well as by helping with communication and health plan education. Doing this without in-person meetings requires an entirely new toolkit.   Andrew Bruns, Regional Director, Business Development at Lively, and Nataliya Boychenko Stone, Account Executive and Shareholder at Holmes, Murphy & Associates, discuss how to maximize understanding of Consumer-Driven Health Plans, driving adoption and engagement.    The full on-demand webcast can be found here: https://www.benefitspro.com/2020/09/03/how-to-maximize-open-enrollment-virtually-reduce-costs-with-cdhp-adoption/   Andrew Bruns | Regional Director, Business Development | Lively Andrew Bruns is a Regional Director of Business Development at Lively who works with health insurance and benefits consultants, general agencies, and registered investment advisors to simplify and enhance their HSA offering. With over 12 years of financial services, benefits and insurance experience Andrew is passionate about bringing people together to discuss transparent solutions that result in a better way to do business and improve lives. Nataliya Boychenko | Account Executive & Shareholder | Holmes Murphy & Associates Nataliya Boychenko is an Account Executive and Shareholder at Holmes Murphy & Associates. She is dedicated to providing creative solutions and tools her clients need to design their employee benefit programs. Nataliya specializes in healthcare data analysis, health care reform and legal compliance, cutting edge wellness programs as well as a full suite of employer-sponsored benefit programs. Nataliya is a frequent speaker on Health Care topics at local, regional, and national industry events. She also serves as an Adjunct Professor at Drake University where she teaches employee benefits.

00:00 Intro00:40 In today’s episode00:53 Mark Watson01:14 Kent Thomas01:34 What is a fiduciary?02:55 Our story started in 200203:33 County Commissioners knew status quo didn’t work any longer04:23 Consumer-driven healthcare was new at the time04:54 Transparency was a new question? How do you know you are getting the real answers?05:23 When your advisor is only giving you part of the picture, that is a problem.06:08 Dissecting the financial picture of the plan became a problem because of missing info06:44 2003, we implemented a CDHP, did away with copays, moderate deductibles, etc.07:29 We actually looked at the impact on the employee’s bottom line08:27 We made generic prescriptions available at no cost to employees09:31 Generic penetration jumped immediately and paid for itself10:24 Employee meetings brought success stories to the table13:00 Cute story about retiree realizing $200 per month savings14:00 2003, the first year of new strategies, yielded $1M in cost offsets to the plan15:20 Understanding the financials is important but you have to work at getting the data16:05 We’ve maintained a stable health plan since 200316:28 We stay within 1% of our annual projections17:21 As long as you can “see” the math that goes into it17:56 You’re always looking to “sharpen the pencil”19:05 Shiny new objects…don’t be fooled by them, especially wellness plans21:35 We kicked the tires on DPC for about a year and a half22:38 Maybe we wouldn’t even have ever needed wellness programs if we hadn’t undervalued the primary care relationship in the first place25:25 Eliminating barriers always leads to savings when the patient gains unlimited access to their doctor26:33 Data is great but what are the “action steps”28:12 Medical home model29:49 This case study should become a model to the rest of the public entities that need to adhere to a fiduciary standard30:44 Non=integrated silos are costing so much excess money32:01 The data exchange, so long as it’s good data, is key33:47 Join us next time! #letsfixhealthcare www.custombenefits.work

Guest Jason Cabrera, Benefits Guru at Flatiron Health, discusses what’s in a name, why consumer driven beats high deductible, and the importance of Health Savings Accounts to Financial Wellbeing.To read the full show notes and transcript visit us at illuminatehrpodcast.comThis episode brought to you by Lumity, visit lumity.com to learn moreSupport the show (https://www.patreon.com/illuminatehr)

As the employment rate in the US continues to improve, more employers are being required to offer health benefits to attract and retain employees. For most of these employers, the Consumer-driven Health Plan (CDHP) is the most economical method to do so. For the CDHP option to be truly effective, a health savings account (HSA) provides a key tool for assisting with higher deductibles. By educating employers and their employees on the HSA, credit unions gain a distinct advantage in obtaining new members.

CDHP, Consumer Directed Health Plan, is a new health plan that will help folks who have specific health needs. Savvy consumers can work with these plans to save money while focusing on the plan that works best for them. Dr. Dan McCoy, President of BCBSTX talks with Dr. Bob Morrow, Market President for BCBSTX Southeast Texas about CDHP and how you can find the best one to fit you and your family. Blue Promise is an online video blog that aims to address complicated health issues with candid conversations from subject matter experts. New editions are published regularly and are hosted by Dr. Dan McCoy, President of Blue Cross and Blue Shield of Texas.

Don't HR Alone #9 - CDHP's, Tax Penalty Increase, and Texarkana by Poplar Financial

Episode Description Don’t worry, you didn't join the wrong podcast.  Yes, HSA plans are typically associated with the health portion of an employee benefits package.  However, there has been much discussion in the industry about what you will hear my guest Ana Sabatino, Vice President and Consumer Driven Health Plan Specialist at CIGNA, refer to as the cross functional purpose of HSA plans in helping improve both employee decisions and outcomes in health and wealth.  With the growth of HSA plans at over 25% a year for the last four years, more and more employers are utilizing these plans as they introduce consumerism in their healthcare strategy, and the side benefit, that some are realizing, is this means employees are also gaining access to a powerful vehicle with several distinct tax advantages to help pay medical costs in retirement.  In this foundational discussion Ana does a great job of explaining how employees at various stages in life can take advantage of HSAs, how they contribute to the evolving conversation of improving both health and wealth and ideas around creating benefits bundles to guide employee decision making.  Additionally, Ana offers valuable insights for employers about the importance of setting up internal cross functional teams between health and retirement benefits, how involving company leadership is paramount to success and why you need to have a three year plan for your benefits strategy.  This episode stretched me, i hope it does the same for you.  Enjoy! Guest Bio Ana joined Cigna's leadership team in 2006 as a leading subject matter expert in consumer driven health plans (CDHP).  Prior to joining Cigna she was part of the leadership team at Definity Health, the original pioneers of the CDHP model.   Her clients include some of the largest fortune 500 organizations that were early adopters of this model in the early 2000’s.      She has 25 years of experience working with health and welfare plans. In the past 13 years, Ana has exclusively focused on working with both public and private sector employers on successful CDHP strategies.    As a subject matter expert for Cigna she is very hands on in helping clients develop successful multi-year strategies using Cigna Choice Fund as an effective enabler of behavior change and health improvement.    Her expertise, results and passionate leadership around designing CDHP strategies “done right” has made her a frequent speaker for Cigna as well as a major contributor in helping Cigna achieve industry leading growth in consumer driven health plans.    401(k) Fridays Podcast Overview Helps employers navigate the evolving retirement benefits landscape through weekly engaging interviews with industry leaders, subject matter experts and progressive employers with unique viewpoints. The diverse in-depth perspectives and relevant topics help employers make more informed decisions about their retirement benefit programs which will positively impact their employees and business.  For more information please visit www.401kfridays.com/podcasts.

Education is essential to any consumer-driven program, says Alexander "Sander" Domaszewicz, a principal and senior consultant with Mercer Health and Benefits Services, and all stakeholders are encouraged to contribute to laying this foundation. Domaszewicz touches upon this key element, as well as some tips on marketing CDHPs to Generations X and Y. Domaszewicz, along with Kathleen Campbell, head of the insurer's CDHPs and Julie Bunde, director of product management at HealthPartners described the essential elements needed for a consumer-directed health plan to successfully engage consumers in their health and control healthcare costs, and how the elements translate to a consumer-directed benefit strategy for health plans and employers during a June 26, 2008 webinar, Essential Keys To Success for Consumer-Directed Health Plans.

In tracking members' experiences with Aetna's CDHPs, Kathleen Campbell, head of the insurer's CDHPs, notes that more employers are now offering CDHPS and explains why enrollment within these organizations has increased. Campbell also discusses Aetna's suite of CDHP products and Aetna's focus on simplicity within their CDHPs. Campbell, along with Julie Bunde, director of product management at HealthPartners and Alexander "Sander" Domaszewicz, a principal and senior consultant with Mercer Health and Benefits Services described the essential elements needed for a consumer-directed health plan to successfully engage consumers in their health and control healthcare costs, and how the elements translate to a consumer-directed benefit strategy for health plans and employers during a June 26, 2008 webinar, Essential Keys To Success for Consumer-Directed Health Plans.