11. Containing Costs in Healthcare: What Can Employers Do?

Track: 
Specialized Knowledge
Field of Study: 
Finance
CPE Credit: 
1.0
Knowledge Level: 
Intermediate
Advanced Preparation: 
None
Prerequisite: 
Basic knowledge of not-for-profit operations, auditing, accounting and/or compliance requirements. General experience working in, or auditing, not-for-profits, including those NFPs audited under GAGAS.

Tuesday, June 19, 2018
 
7:00AM-7:50AM

Healthcare premiums have spiraled out of control - continually rising with no relief in sight. During this challenging period, employers have needed to shift all or part of these costs to employees. The fact that wages are stagnant or rising slowly, puts great pressure on the company's workforce. The Dilemma Companies Face: How to Address this Imbalance. This is where CFOs, Controllers, and Finance can play a major role - by helping to cut back costs and thus narrow the gap between employee premiums and compensation. This session will discuss the benchmarks, levers employers can pull, and demonstrate various case studies to illustrate the impact of some of the techniques.

Learning Objectives:

  • Understand the state of the market and benchmarks
  • Learn the cost containment strategies available to the marketplace
  • Talk through real life case studies of several strategies


SESSION SPEAKER(S)