The Cost of Reform: Offering Attractive Employee Benefits While Keeping Expenses in Check
Date: Thursday, August 14, 2014
Time: 10:30 A.M. ET
Duration: 1 hour
Sponsored by Empire BlueCross BlueShield
The Affordable Care Act is here to stay. Along with it, employers are evaluating their options for health insurance benefits: should fully-funded plans be offered? Is a self-insured plan the way to go? What are private exchanges? Which types of benefits will help the company attract and retain top talent?
Pressure to keep a tight rein on the rising costs of benefits has finance chiefs scrutinizing line items, especially when the item costs are so high—as in the case of health insurance. At the same time, according to Mercer’s 2013 National Survey of Employer-Sponsored Health Plans, employers are reluctant to remove insurance coverage as an employee benefit. Ninety-four percent of large companies say they intend to offer employer-sponsored health plans for the next five years, and 77% of small companies anticipate the same.
With the average cost of health insurance valued at around $10,000 per employee, finance chiefs are pressed to learn their current options, keeping an eye on the company’s bottom line and minimizing the impact on employees.
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About the Moderator
Mary Beth Findlay, Editorial Director, Product Development, CFO Publishing
Mary Beth Findlay is editorial director of product development for CFO Publishing's custom-content division and oversees the development of editorial and custom content products, including eBooks and CFO Playbook Webcasts. Prior to joining the custom-content group, Mary Beth was associate director of research at CFO Research Services. She conducted research studies on a variety of finance topics, including banking and capital markets, business performance management, the use of financial and operating data, and professional development.
Before joining CFO, Mary Beth served as a research associate at Harvard Business School, writing case studies and background notes for second-year MBA courses. She is a graduate of Boston University School of Law, and she earned a bachelor's degree in communication from Boston College.
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