More Bang for Your Organization’s Buck: Optimizing Your Health & Welfare Benefits Program

Course

Employers are being squeezed on all sides. Escalating medical and pharmacy benefit costs put pressure on all parts of an employer’s reward and benefits program. While ensuring benefits are delivered in the most cost-effective manner, employers must also make sure the benefits offered are those that employees value the most, and that they help to attract and retain the best talent possible.

This session will include case studies and will cover how to maximize the return on benefits dollars by focusing on the benefits employees most value and how employers can deploy effective cost-containment measures. The session will review targeted selection, implementation and monitoring of care management solutions, and how to effectively evaluate pharmacy benefit managers (PBMs). 

In this session, you will learn:

  • How to structure a benefits program to attract and retain the right workforce 
  • How to benchmark and value a benefits program from a total rewards perspective
  • Whether to self-fund health plan costs and, if so, how to manage the risks of self-funding 
  • How to contract with pharmacy benefits managers (PBMs) and manage pharmacy benefits programs to reduce cost
  • How to evaluate care management programs to ensure the best ROI

Bonus: A best practices checklist will be available for download following the session.

Learning Options

Virtual Classroom

Live online instructor-led delivery of course materials including real-time interaction with a subject-matter expert and peers — no travel required!

Course

Member: $395 USD

$525 USD

Instructors

Steve Kapper

Associate Client Partner
Korn Ferry

Steve Kapper, ASA, FCA, MAAA, is an Associate Client Partner at Korn Ferry and leads its national health actuarial practice.  Steve has a deep knowledge of health insurer finance, operations and systems, in addition to actuarial health expertise in the areas of risk management, reserving, postretirement medical valuations, and product development and pricing.  He has over 23 years’ experience advising organizations on cost-containment and risk mitigation strategies for their employee benefit programs.

Malinda Riley

Senior Principal
Korn Ferry

Malinda Riley is a senior principal for Korn Ferry, based in the firm’s Chicago office. She works with clients to address a full range of total remuneration and employee benefits challenges. From day to day issues to long term strategic planning, she partners with clients to meet their business needs. She understands the rewards and benefits challenges facing clients today and develops solutions to address escalating costs, administrative inefficiency and employee engagement and understanding. 

Melissa Rasman, JD

Associate Client Partner
Korn Ferry

Melissa Rasman, JD, is an Associate Client Partner with Korn Ferry and leads its health and welfare practice.  Melissa has over 25 years of experience consulting on a wide range of benefits and compensation matters, including health and welfare benefits, qualified retirement plans, deferred compensation, and employment agreements.

Course Credits & Certifications

  • Recertification
    .25 Credits

More Information

How to Register

Policies

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Phone

+1 877 951 9191

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+1 480 951 9191

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