Description
Explain and implement a health care strategy to include health care reform compliance.
You have been asked to reduce healthcare costs at your organization. With the implementation of the Affordable Care Act and overall healthcare costs on the rise, senior management has asked for you to develop a strategy to find the best health insurance in the competitive markets. A key focus for you is to decrease healthcare expenditures for the organization without foregoing quality for the employees.
1- Explain and implement a health care strategy to include health care reform compliance. If you are looking for the best employees and have provided healthcare coverage as part of your total rewards strategy, an analysis is warranted with coverage as part of health care reform:
Will you offer in-network and out-of-network benefits?
A health maintenance organization?
A preferred provider organization?
A consumer-directed health plan?
A health reimbursement arrangement or a health savings account?
Wellness incentives?
Will the plan be fully insured or self-funded?
What will the communication plan include?
2- Create logical a strategy, some discussion on costs, and how this strategy makes sense for Compensation, Benefits, and Total Rewards for the organization.
