Healthcare Cost Control Solutions: Now’s the Time to Be Bold

Date: Thursday, October 15, 2020
Time: 8:45 am – 11:30 am

Type: A Virtual Program
Price: $175 Members | $225 Non-members

Register Now or call 781-684-8700 for assistance


Employers have grappled with rising healthcare costs for many years. The lines of attack included: plan option consolidation for better carrier terms; adopting self-insured arrangements; increasing copays and deductibles; and implementing high-deductible plans. Although these tactics have helped, purchasers’ costs are rising at unsustainable rates while employees are less satisfied with their coverage and foregoing needed care. Employers are searching for new solutions that improve quality while controlling their benefits budget.

Companies are now dealing with the coronavirus pandemic, which has impacted their bottom lines and ways of doing business. Meantime, COVID-19 is upending the healthcare marketplace, which will add financial pressures to already-strained employer healthcare programs. Now is the time to act!

Attend this Healthcare Cost Control Solutions seminar to:

  • Find out what’s driving up costs and the impact to employer healthcare programs;
  • Learn how the healthcare landscape is shifting;
  • Get bold solutions to respond to these challenges; and
  • Hear case studies of how some employers are controlling healthcare costs.


Speakers:


Keynote: Why Employer Healthcare Cost Increases Could Accelerate
David Seltz
Executive Director for the Massachusetts Health Policy Commission


David Seltz, Executive Director for the Massachusetts Health Policy Commission, 
will provide context and data points on healthcare cost drivers, the major challenges ahead, and how the pandemic is accelerating strains to the commercial market. C-Suite, HR, and Finance leaders will gain important insights from the head of the state agency that monitors state healthcare spending and provides data-driven policy recommendations to reduce healthcare cost growth and improve the quality of patient care in the Commonwealth.

 


Solutions That Address Cost Drivers
Jeff Levin-Scherz, MD, MBA, FACP
Managing Director and Co-leader of the North American Health Management Practice at Willis Towers Watson


Jeff Levin-Scherz, MD, MBA, FACP, Managing Director and Co-leader of the North American Health Management Practice at Willis Towers Watson, will provide an overview of solutions that address cost drivers, the limits of cost-shifting as a strategy, and how the pandemic will change approaches to providing a sustainable healthcare benefits package.  Y
ou will learn how these benefit programs work, what it takes to successfully implement them, and why employee engagement is a crucial aspect of program success:

• Payment methodologies including bundled payments, Accountable Care Organizations, and reference-based pricing;
• Network approaches including provider steerage, tiered networks, and limited network plans; and
• Technology point solutions.

Case Studies:

  • Reference-based Pricing
    Susan Gipe — Vice President, Benefits, Pyramid Hotel Group
    Megan Flaherty — Principal, Mercer

  • Tiered and Limited Network Plans
    Patrick Cahill — 
    Vice President, Massachusetts Market, Harvard Pilgrim Health Care

    Moderated by Cindy McGrath, Marketing Communications Strategist, edHEALTH

 

Unable to attend? Register anyways, and we’ll send you an on-demand recording of the program.

NEEBC programs may qualify for CEBS continuing professional education (CPE) credit. Participants must determine if the program aligns with "CEBS Content Domain."