5th Annual “Next Practices in Healthcare” Forum September 17, 2015 . People without Health Insurance Dropped by 8.8 million last year NYT Sept 16, 2015 Executive Next Practices Institute . Annual Memberships Preferred Rates Private Social Events Alliance Partner Access Event and Alliance Partners 2015 . . Welcome to our new partners! Save The Dates Nov 4 The Future of Work (OC & NYC) Nov 6 The Recurring Revenue Summit (OC) Dec 4 CEO Authors on Innovation & Next Practice Awards Jan 22 The New Employer-Employee Dynamic Thank You USI! . . Next Practices Ideas, processes, concepts and solutions that move you beyond the “status quo”. Not “how are others doing it best” but rather, “where do we go from here that represents a true, fundamental shift in value”… 5 Steps to NEXT • Articulate the mountaintop • Optimal way, not legacy way • Break it for breakthroughs • Contextual IQ • Engage and align for execution 1. Beyond Vision, to the Mountaintop 2. Optimal way • op·ti·mal • ˈäptəməl/ • adjective • best or most favorable; optimum. • "seeking the optimal solution" 3. Break it for Breakthroughs 4. Tap Your “Contextual IQ” 5. Align Where are we going? Boardroom to Loading Dock Clarity Table Collaborations Develop your “next practices” based on the questions at your table “Greenstorm”- push for innovative ideas, no constraints Pick a recorder to summarize in bullet points – report out to the entire room when asked Give your notes to the ENP representative Healthcare ’16: Beware of Taxes and Bright Shiny Objects Healthcare is moving towards a tipping point… In many states, self insurance is accelerating for employers over 100 employees as the taxes, fees and risk charges associated with insured arrangements is now close to 10%. Insurers will work hard to keep you insured by making it hard to get data. The Cadillac Tax is still set to impact plans in 2018. Forecasts are close to $100B in revenues raised impacting 70% of employer plans by 2023.. Will employers cut benefits or pass on costs to employees? Government, tax payers and public workers are heading towards an ugly show down over who pays. Hospitals systems continue to consolidate and are moving toward risk based contracts and a potential for direct provider contracting. Three delivery models are likely to survive: Staff Model / Accountable Care Organizations (ACOs), narrow EPO and PPO network ( gate keeper IPA and one flag ship provider centered plans and high deductible health plans Employers are increasingly interested in capping their liabilities through defined contribution arrangements and a greater shift toward employee ownership of the cost of access © 2013 USI Insurance Services. All rights reserved. 1 23 Next Generation Strategic Planning Considerations Alternative Treatment Modalities Telemedicine On-site clinics Medical Tourism Carve-Out Treatment Solutions Prescription Drug Radiology Disease Management Population Health Management Wellness Incentives Wellness Program Design Use of Carrier & Other Vendor Resources Cost Transparency Tools Decision Support Tools Claims Data Management Data Warehouse Predictive Modeling Benchmarking © 2013 USI Insurance Services. All rights reserved. 20 24 Understanding Trends: Self Insurance Insurers make three times the profit when an employer chooses to fully insure benefits versus self insure… In California, it is difficult for mid-sized employers to self insure due to groups often splitting their population between PPOs and an HMO. Insurers restrict self insurance to the PPO population and often will not even provide loss experience, making a first year move to self insurance a risky proposition. Risk can be moderated and the cost of taxes, fees, margin and hidden charges embedded in RX, reserves, administration and pooling can often be as much as 15%. Not all HMOs are fully capitated which means it could make sense to self fund your entire account if a carrier will accommodate. Key is finding carrier or TPA and renting carrier network. With new community rating laws impacting employers in CA under 100 employees, it may not be feasible to self insure. However…. © 2013 USI Insurance Services. All rights reserved. 4 25 Understanding Trends: Accountable Care Organizations Accountable Care Organizations Already Exist in So. Cal, They are called HMOS… The largest systems recognize the need to become fully integrated systems offering primary care, sub-specialties and acute care to become a “medical home for consumers to receive all services. The need for critical mass and a range of services has led to a massive wave of provider consolidations and a “toe in the water” by many systems to begin taking on Medicare risk contracts. Very few systems have successfully reduced costs to receive performance rewards Insurers are launching value based reimbursement contracts where dollars are withheld and only paid if outcomes improve. Current math is very opaque for employers. Insurers like it this way. Some of the best positioned systems ( e.g. Sutter Health ) are also some of the highest unit cost providers. Does it make sense to send your employees to the most expensive hospital system in your market. Yes, if they take risk! © 2013 USI Insurance Services. All rights reserved. 4 26 Understanding Trends: Narrow Network Plans / EPOs Narrow Network Plans have not caught on outside California as consumers believe access is tantamount to quality. It is not but its hard to explain that to your CEO’s partner… Most public exchange plans across the U.S. are adopting narrow network plans where a subset of doctors and systems have agreed to lower levels of reimbursement in exchange for higher volumes of patients. Commercial employers have attempted a weaker version of narrow network plans by adopting EPOs and gate keeper based PPO plans. In many parts of the U.S., open access PPOs still dominate. Employers will never engage consumers until there is an economic consequence for being a poor consumer of healthcare. A $2,000 overspend on an MRI requires a 10% margin employer to generate $20,000 in revenues to cover that poor point of service decision © 2013 USI Insurance Services. All rights reserved. 4 27 Understanding Trends: High Deductible Health Plans High Deductible Health Plans Drive Consumerism, sometimes… You’re a consumer when you are standing up and a patient when you are lying down. Consumerism works for RX, outpatient and elective services and mental health/substance abuse. Approximately 60% of claims can be improved by an engaged consumer. Consumer engagement tools are flooding the market. Firms like Compass that offer concierge service support and price comparisons are increasingly in vogue to first generation consumers If a large percentage of employees are already in a staff model or lower cost EPO/HMO, you must either insert a gatekeeper or a higher deductible to force engagement You have to accept the notion of a “ social contract” with employees around health care. © 2013 USI Insurance Services. All rights reserved. 4 28 Understanding Trends: Private Exchanges and Defined Contribution Plans A Private Exchange is a shiny object notion…Decision Support Platforms that can engage and enroll employees are the substance and core to a successful defined contribution plan Retiree Medical exchanges have been a homerun. Employers wanted out of defined benefit retirement plans and retirees loved getting on the phone with a stipden to spend and an ombudsman to help them pick a plan. First movers to private exchanges have been those who had to do something ( ACA impacts on retail, hospitality ) and those who had low high deductible plan penetration and wanted to drive major savings Exchange is really a misnomer. Most will be single carrier, decision support enrollment systems designed to engage employees, save money by shifting workers to lower cost plans and ease employer administration Eventually, all employers will likely cap the amount they subsidize for healthcare due to Cadillac tax limits on deductibility and budgetary issues © 2013 USI Insurance Services. All rights reserved. 4 29 Private Exchange – Facilitating Employee Consumerism Defined Benefits 1.0 POS $$$$ POS $$$$ DENTAL LIFE Tailored Solutions Benefits 2.0 LONG TERM DISABILITY © 2013 USI Insurance Services. All rights reserved. VISION DENTAL 3 OPTIONS HMO 1 $$$ LIFE 10 OPTIONS HMO 2 $$ LONG TERM DISABILITY 3 OPTIONS 17 SHORT TERM DISABILITY 6 OPTIONS POS HSA $$ CRITICAL ILLNESS ACCIDENT HMO HSA 1 $$ TELEMEDICINE HMO HSA 2 $ WELLNESS 3 OPTIONS PET 30 Understanding Exchanges: Who Can You Trust? Private Exchange Leaders and Changelings There are a number of Private Exchanges and Enrollment Systems emerging with more expected to enter the marketplace Beware of consultants and brokers in Exchange clothing: Many public firms have adopted exchanges and gotten an uplift in their stock price. The expectation is they will transfer clients to their platforms and have them as captive customers paying higher admin fees. There will be channel conflict and concern for clients as they seek objective advice. Liazon, BenefitFocus, BSwift and Bloom are a few current leaders in this rapidly-changing arena Insurance carriers are aligning themselves with technology platforms and the best advisors are increasingly agnostic to platforms wanting instead to help the client find one that works with them and their current HRIS © 2013 USI Insurance Services. All rights reserved. 9 31 Strategy Drives Structure: What Problem Are You Solving? Administration Is complexity of administration a problem? Is employer seeking to simplify benefit administration or outsource it? What is the most ideal set-up? © 2013 USI Insurance Services. All rights reserved. Choice Does employer have a diverse workforce demographically and geographically? How many plan choices needed to meet employees’ needs? How many carriers/networks needed based on locations? Is there value in multiple carrier choices in same location? 10 Financial Is cost driving the decision to move to a defined contribution private exchange? Is employers’ intent to cost shift via private exchange? What plan design offerings and carrier strategy will drive lowest cost and minimize adverse selection? 32 Thank You. 34 How the ACA Drives Innovation in Technology & Funding Strategies Denny Weinberg, CEO and Re-Imaginer 5th Annual Next Practices In Healthcare Confidential and Proprietary. Presentation Sept 2015 The ACA Drivers How the ACA Drives Innovation in Technology & Funding Strategies • • • • • • Essential Benefits Guaranteed Issue Minimum Loss Ratio ACO’s Exchanges Expanded Medicaid The “ACA Reset”: ACA Innovation: Technology & Funding The ACA Reset SUBTLE BUT SIGNIFICANT: • Reimbursement Standardization • Technology Conforms Care • Big Patient Balances • Churn Of Patients Among Insurers ? • Consolidation of Providers and Insurers ? • Deterioration of Employer Model ? • Emergence Of The Consumer ? ACA Innovation: Technology & Funding The ACA Reset STRUCTURAL IMPLCATIONS: FACTORS IMPLCATIONS Reimbursement Standardization & Churn 1. Fewer Insurer Differences Consolidation of Providers & Insurers And Conformed Care 2. Provider Brand Grows in Importance Big Patient Balances 3. Payment Plans emerge Emergence of the Consumer 4. Consumer Becomes More Powerful ACA Innovation: Technology & Funding The ACA Reset WHO WILL BE THE EARLY RESPONDERS:: • Care System Innovators Who Can Adopt Technology And Understand All Consumers • Technology Innovators Who Provide Common Platforms For Consumers, And Care Providers • Financing Innovators With New Approaches • Employer Innovators Who Adopt Employee Owned Plan Models ACA Innovation: Technology & Funding Where Are You? Will you go be an innovator as a Consequence of the later stage opportunities of the ACA? As an employer As a Provider As a consumer ACA Innovation: Technology & Funding Confidential and Proprietary. Presentation Sept, 2015 42 Experts in making HR your competitive edge Healthcare Forum Employers Perspective and Realities in Providing Healthcare Benefits By Mark Wilbur, President and CEO Who We Are Employers Group (EG) is a HR focused business association offering nationally recognized expertise and resources, supporting and empowering HR professionals to enhance and increase the HR function’s performance while reducing risks in making day-to-day critical decisions, making HR performance a competitive advantage. EG is 119 years strong (1896) Deeply experienced consultants with an Avg. of 27+ years of experience More than 70,000 Live Helpline calls handled annually Serving members of all sizes, in all industries Located across California ~ HQ in Los Angeles Additional offices – Washington DC and Tokyo More than 11,000 corporate members have leveraged EG over just the last 10 years Industries Served Government Transportation & Distribution Manufacturing Financial & Insurance Services Healthcare & Wellness Retail Trade & Consumer Goods Food, Services, Hospitality Real Estate & Construction Energy & Utilities Oil & Gas The Employer State of Mind Today EG Has Helped Thousands of Employers Over the Last Five Years Dealing With: The worst recession to hit CA in decades – layoffs/cuts A restructuring of employer benefits solutions - choices Shifting healthcare costs to employees – creating gaps Mesmerizing noise of choices for supplemental ins During a time of tough cost-cutting in finance & HR During a time of unprecedented increases in regulations and compliance requirements from the NLRB, Fed and CA Then comes ACA with numerous new layers of regulations, requirements and implementation needs Healthcare benefits choices, players and landscape completely changes with new worries regarding new potential taxes and penalties The Employer State of Mind Today EG Has Helped Thousands of Employers Over the Last Five Years Dealing With: Healthcare benefits choices, players and landscape completely changes with new worries regarding potential taxes and penalties Exchanges – public vs private Self-Insured, PPO, EPO, HMO – and the most popular called IDK! “Upgrading” and restructuring of HRIS systems, online selection processes Hyper growth in voluntary benefits offerings beyond traditional supplemental such as Aflac, including health advocacy services, child/adult care services, virtual and concierge health care, benefit carnivals, health assessments with incentives, personalized care plans, shopping discounts/clubs programs and more Endless industry movement (broker producer churn), disinformation, misinformation, everybody has an exchange – endless FUD! New frontiers – medical travel, onsite clinics, shared clinics, wellness programs with incentives, supplemental alternatives, technology changes to projecting population performance, benchmarking and assessment tools and on and on and on Significant Issues & Impacts Overwhelmed employers must address significant issues and impacts to maximize performance and seize opportunities Limited real understanding of employee healthcare and benefit needs (measureable) Limited real understanding of industry and competitor benchmarking (measureable) Severe gaps in communication to employees regarding total rewards value of existing coverage, benefits Consequently often generates unnecessary negative employee assumptions regarding benefits and process Implementing solutions out of crisis and compliance timing vs strategically measuring, assessing and planning Limited understanding of impact to employee recruiting and retention Significant annual enrollment communication confusion for employees Significant time impact to HR departments in effectively managing workload with performance gaps in delivering other HR services Designed Next Practices of the Best Organizations EG has worked with the best organizations in designing and advising in implementing completely new benefits strategies, addressing alternatives, planning, selecting and executing healthcare and overall benefit solutions Measure and benchmark your healthcare coverage offerings, voluntary and additional benefits (total rewards) against competitors and industry Survey employee benefits satisfaction, wants and needs to compare to competitor and industry research Conversion of stated burden to an advantage and opportunity Develop a detailed HR calendar that incorporates a communication strategy and plan with appropriate levels of education Partner with vendors in communication, education and delivery Better integrate an HR voice and presence in the C-suite strategic planning and decision making Many companies are now incorporating CHRO positions for a “seat at the table” Outsource inefficient time absorbing, low value add, activities, such as LOA, AAP, UI, Generic Training, etc. Often generates cost savings or avoidance Measure and understand pricing/value proposition and differences between coverage alternatives, additional benefits, broker and administrator services support and industry expertise. Don’t ask for healthcare run off pricing each year from your broker – limited impact Thank You! EG Services - Key Contacts o EG HELPLINE: (800)-748-8484 o EG REFERENCE LIBRARY: Robert Campbell (800) 748-8484 x 3930 rcampbell@employersgroup.com Lisa Zaffina, UI Client Service Manager (claims admin) (213) 765-3979 lzaffina@employersgroup.com Suzanne Oliva, AAP Compliance Services Manager (213) 765-3918 soliva@employersgroup.com Juan Garcia, Organizational Research Services Director (213) 765-3969 jgarcia@employersgroup.com Megan Vallone, Research Services Administrator (213) 765-3920 mvallone@employersgroup.com Somaly Heng, Senior Manager of Learning Services (213) 765-3962 sheng@employersgroup.com Ken Tiratira, Executive Vice President, COO (213) 765-3915 ktiratira@employersgroup.com Mark Wilbur, President & CEO (213) 765-3999 mwilbur@employersgroup.com o o EG UI SERVICES: o o EG AFFIRMATIVE ACTION PLANS: o o EG RESEARCH AND SURVEYS: o o EG SURVEYS/EOS: o o EG TRAINING SERVICES o o EG EMPLOYER ADVOCACY o o o EG EXECUTIVE LEADERSHIP Institute Overview September 18, 2015 prepared by Mark W. Wilbur Orthopaedic Institute for Children, Trustee Michael Sullivan Vice President, Foundation and Chief Philanthropy Officer About Orthopaedic Institute for Children • Founded in 1911 • Provides all pediatric orthopaedic care for UCLA Health System, including Mattel Children’s Hospital • Experiences 60,000 patient visits annually, and growing • Partner with Orthopaedic Magnet High School, offering underprivileged students hands-on internships and scholarships • 85% of our patients are uninsured or underinsured • Philanthropy sustains our mission OIC Downtown Campus OIC/UCLA Orthopaedic Research Center UCLA Campus OIC/UCLA Medical Center Santa Monica 53 Prepared for Executive Next Practices Forum Ambulatory Surgery Center Capital Campaign $10 $9 $8 $7 The Challenge: Uninsured or underinsured children face long delays in access to outpatient operating rooms $6 $5 $4 $3 $2 Study: OIC conducted a study with teenagers who tore their ACL. They were placed in two cohorts: 1. 2. $1 Private Insurance (HMO/PPO) Public Insurance (Medi-Cal) Surgery is recommended about 30 days after a tear. Results showed children with HMO/PPO health insurance treated at 30 days while underprivileged children waited 90-120 days for the same surgery Solution: Improve access for ALL children by building the region’s only ambulatory surgery center specifically designed for treating pediatric orthopaedic cases Construction: OIC will now build an Ambulatory Surgery Center to be opened in the spring of 2016 Prepared for Executive Next Practices Forum Dodger legend Tommy Lasorda led the groundbreaking ceremony for new surgery center. $6.6 million of $10 million goal has been raised to date 54 Bibiana – Amputee O I C / U C L A I n t e r n a t i o n a l C h i l d r e n ’s P r o g r a m • Uninsured • Tanzania • Albino • Lost Parents to AIDS • Witch doctors paid attackers to amputate her leg, believing that Bibiana spent 11 months in the hospital after the attack blood and bones of albinos create wealth. Younger sister, Tindi, watched in horror. • OIC/UCLA coordinated all medical care and housing • Business partner donated prosthetic leg • Currently in our physical therapy program • 100% Free Care Tindi assists as Bibiana tests her new artificial leg Prepared for Executive Next Practices Forum 55 Table Collaborations Develop your “next practices” based on the questions at your table “Greenstorm”- push for innovative ideas, no constraints Pick a recorder to summarize in bullet points – report out to the entire room when asked Give your notes to the ENP representative Question 1 (Tables 1, 8, 15) Do you have metrics in place to measure your insurers and your consultant to hold them accountable for performance? If not, why not? 58 Question 2 (Tables 2, 9, 16) What do you plan on doing if and when your medical costs eclipse allowable expenses under the Cadillac Tax? Will you cut benefits? Pass on costs to employees? Absorb costs ? 59 Question 3 (Tables 3,10,17) Based on what you have heard, how do you envision healthcare will change in the next 3 years? Structure, focus and individual impact? 60 Question 4 (Tables 4,11,18)) What will you personally look forward to from technology that will make the healthcare system overall run smoother and allow you to forecast organization costs better? 61 Question 5 (Tables 5,12,19)What is the best approach for achieving Better Health at Lower Cost for our Orange County population? • Healthy People • High Quality Care • Lower Cost of Care 62 Question 6 (Tables 6,13) What leadership role should our business community play in supporting better Health? 63 Question 7 (Tables 7,14) How will you keep your organization current with the rapidly changing healthcare landscape- for example—how will it change talent recruitment and employee retention? 64