12:00pm to 2:00pm (ET)
Mayer Brown partner Scott Perlman will be a featured speaker for the program.
Sweeping healthcare legislation has passed, and like it or not, we're all in for substantial changes. Much of the debate has been on the Patient Protection and Affordable Care Act's (PPACA) cost to tax payers. What's missing in this debate is how much is the PPACA going to cost companies and how will it affect their bottom line. Until now there has been much speculation, now it's time for answers.
The Knowledge Group has assembled a panel of key thought leaders and experts to help the senior executives understand the impact of Healthcare reform on your bottom line. At this juncture, the best defense is a good offense - our experts aim to arm you with the knowledge necessary to help minimize the costs of Healthcare reform to your bottom line.
According to PwC's recent Health Reform Touchstone Supplement
- 94% of employers expect to have to make changes to their benefits to comply with PPACA while 74% expect to make additional changes to offset the costs of complying.
- 79% expect to re-evaluate their benefits strategy with the most common focus being to increase efforts related to health and wellness and with a substantial minority focusing on significant changes to company subsidies for employees or dependents, or considering coverage of employees through the state exchanges.
Short term implications for employers
- Reassess impact of current consumerism and health management strategies
- Evaluate and react to health reform changes needed for 2011 compliance and value of grandfathered status. Consider value of offsets.
- Review "Free Rider Penalties" for potential tax liabilities and impact on labor strategy, benefits eligibility and coverage levels.
Longer term implications
- Re-evaluate "total rewards" and "health and wellness" strategies
- Assess potential for health exchanges and federal subsidies to replace all or some of employer provided subsidized health benefits.
- Reconsider retiree health programs including potential early retiree subsidies, expanded Rx coverage and movement toward Part D Employer Group Waiver Plans.
- Re-examine the longer term risks and burdens of compliance in a post-reform environment. Consider potential outsourced solutions.
Additional topics of discussion will include:
- Whether the health care reform act is likely to result in increased consolidation with respect to health insurance plans, hospitals and physicians, and the issues such consolidation may raise that are likely to be of interest to the antitrust enforcement agencies
- Potential antitrust issues raised by accountable care organizations (ACOs)
- Whether the new health benefit exchanges will be subject to antitrust restrictions and potential antitrust issues raised by their operations
Please check here for more information about the event.
Registration - Advanced registration is recommended as enrolment is limited for this course. Click here to register for this program. You are entitled to a special discount of $50 off the registration fee for this event courtesy of Mayer Brown LLP. Please enter your discount code maye0189 in the "Apply Discount" section on page two of the registration form.