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Wednesday, June 8, 2022
9 am to 12 pm Pacific Time
REGISTER NOW
Online Webinar via Zoom $25 for Each Webinar Participant
ABC Group Benefits Client, Complimentary Registration
(subject to verification; no limit to number of individuals)
EARN 3.0 HOURS OF HRCI (General) CREDIT!
An In-Depth Analysis of RX Cost Management & Using Plan Design to Contain Costs in Your Medical Plan
9 am to 10:30 am Pacific Time
(1.5 Hours HRCI Credit Available – sessions 1 and 2 combined)
“The use of this official seal confirms that this Activity has met HR Certification Institute’s® HRCI® criteria for recertification credit pre-approval.”
Session 1 -9 am – 9:45 am – Controlling Your RX Drug Costs in Your Health Plan; An In-Depth Analysis. It’s a well-known fact: To control your health plan spend, you need to control your prescription costs. PBM Consultant Rob Shelley, President of Leaf Health will discuss the differences a PBM can make in your health plan costs, and give you helpful information on how to choose your PBM and how to determine your best fit. What should you look for? Chris Brown, Director of Business Development of RX Benefits, will discuss the best ways to lower your RX costs, and how to analyze your costs. He will discuss the use of Junk Drugs, Biosimilar Drugs, and how the use of Step Therapy, prior authorization and high dollar claim review can result in great savings. Learn how to keep your RX costs in line!
Session 2 – 9:45-10:30 – Designing a Self-Funded Plan With the Goal of Cost Savings. Dorothy Cociu, President of Advanced Benefit Consulting and MaryAnn Wessel, Senior Account Manager for EBA&M Corporation, a TPA, will walk you through some important ways to contain health plan costs in a self-funded health plan. A good plan design results in great savings! Learn how to design a cost-effective self-funded health plan!
An In-Depth Analysis of Self-Funding with Reference-Based Pricing
10:35 am -12 noon (1.5 hours of HRCI credit available)
“The use of this official seal confirms that this Activity has met HR Certification Institute’s® HRCI® criteria for recertification credit pre-approval.”
Session 3 – 10:35-12 noon – Reference-Based Pricing… The Good, The Bad and The Cost Savings… Is it Worth It? The use of Reference-Based Pricing in self-funded health plans has proven to be a great cost savings method of health plan financing, but not without controversy and sometimes employer and employee dissatisfaction. When done right, it can be a great way to produce substantial bottom-line savings, but if not done right, it can be chaotic, frustrating and risky. We will present a Panel of those who have done it right… Hear the positives and negatives from End Users- Employers, plus views from a stop loss carrier and an RBP vendor. Employers include Bill Struett, Treasurer, Triangle and Heimark Distributing, and Laura Robledo, HR and Payroll Manager of Tri-West, LTD. From the Stop Loss side, hear from John Dore, President, Mike Lanza, Vice President, Claims, and Tim Barden, Senior Underwriter of US Benefits. Also on our panel will be Kenny Bennett, from AMPS, an RBP vendor. Moderated by Dorothy Cociu, President of Advanced Benefit Consulting.