Event Details
First Quarter, 2019 Meeting
Date: | February 28, 2019, 11:30am – 1:00pm |
Organizer: | SWVA SHRM Chapter 430 |
Location: | Reno's Roadhouse: https://www.renosroadhouse.com/locations/ 132 Woodland Avenue Wise, VA 24293 276-328-2924 |
Price: | Each person responsible for their own lunch cost |
Event Type: | Meeting: All Chapter Members - Guests and others are welcome |
iCal link | Add to Calendar |
The 2019 first quarter meeting for Southwest Virginia SHRM will be hosted by Curtis Lawyer, Business Development Executive with MedCost Virginia. During his educational presentation on Understanding Self-Funded Health Plans, participants will:
1. identify the main components of a self-funded health plan, comparing and contrasting to fully insured plans
2. Learn important health plan terminology
3. Gain an actionable understanding of fundamental cost drivers and cost containment strategies.
4. Recognize important considerations before planning a conversion to self-funding.
With the rising costs of health care, employers are looking for effective ways to manage the cost of benefit plans for their employees, searching for the balance of quality medical care and managing the costs to the company and to the individual. With a self-funded health plan, employers assume the fiduciary responsibility associated with healthcare costs in exchange for financial benefits and more choice in what their health plan acutally offers. Understanding your health plan is a key element to realizing its best potential impact.
Please join us for this informational meeting. After Mr. Lawyer's presentation, attending membership will finalize areas of the SHRM/EAC March 28th Employer Conference, where MedCost will be a sponsor.