The Knowledge Center Blog at Corporate Synergies

The Knowledge Center

Our health & welfare experts write articles, host webinars, launch videos and get interviewed by employee benefits, insurance, business and national media. It's award-winning insurance journalism which can be found here weekly.

Health & Welfare Benefits Senior Consultant Drew Tyler Joins Corporate Synergies’ Florida Team | Corporate Synergies

PRESS RELEASE: Corporate Synergies Names Drew Tyler Senior Benefits Consultant in Southwest Florida

Press ReleaseJanuary 15, 2019

Benefits Veteran Drew Tyler Joins Corporate Synergies to Service Southwest Florida

Millennials Redefine “Primary Care” by Choosing On-demand Healthcare | John Milne | Corporate Synergies

Millennials: Who Needs Primary Care Physicians? Give Us On-demand Healthcare

John MilneJanuary 8, 2019

Who Wants a Primary Care Doctor Anyway? Millennials Don’t—They Prefer On-demand Healthcare

Corporate Synergies’ 2019 Employer Education Series Highlights Benefits ROI | Corporate Synergies

Corporate Synergies’ 2019 Employer Education Series to Focus on Benefits ROI

Corporate SynergiesJanuary 3, 2019

Corporate Synergies’ 2019 Employer Education Series Spotlights Benefits ROI

EBN Ranks Reference-based Pricing Articles Among Top Posts | Robert Townsend & John Kern| Corporate Synergies

Reference-based Pricing Hit Duo: 2 Articles Make EBN’s Top 10

Ellen D. HosafrosDecember 18, 2018

EBN Ranks Corporate Synergies’ Reference-based Pricing Articles Among Most Popular This Year

Offer HDHP and HSAs? Follow this 4-step Voluntary Benefits Checkup

Corporate SynergiesDecember 11, 2018

If You Offer HDHPs and HSAs, You Likely Need a Voluntary Benefits Checkup

Are Ineligible Dependents Invading Your Healthcare Program? | Patrick O’Connor | Corporate Synergies

How Many Ineligible Dependents Are Lurking on Your Benefits Plan?

Patrick O'ConnorDecember 4, 2018

How Many Ineligible Dependents are on Your Health & Welfare Benefits Program?

Wondering About Retirement Plan Fiduciary Responsibility?

Retirement Plan Fiduciary Responsibility: What Employers Need to Know

Corporate SynergiesNovember 27, 2018

Retirement Plan Fiduciary Responsibility: An Overview for Employers

Put the Brakes on Rising Company Vehicle Insurance Rates | Wendy Caruso | Corporate Synergies

What’s Driving the Cost of Commercial Vehicle Insurance?

Property & Casualty TeamNovember 13, 2018

Driver Distraction and Expensive Safety Technology are Factors in High Commercial Vehicle Insurance Cost

3 Important Keys to Negotiating Benefit Renewals | Matthew Strain | Corporate Synergies

3 Critical Keys to Negotiating Benefit Renewals

Matthew StrainNovember 6, 2018

3 Must-know Keys to Negotiating Benefit Renewals

Yes, the Boutique Fitness Studio Trend is Officially a Thing | Nick Park | Corporate Synergies

The Boutique Fitness Studio: the Holy Grail for Health & Wellness Programs?

Nick ParkOctober 29, 2018

The Boutique Fitness Studio Option: an Emerging Health & Wellness Program Trend

3 Employee Benefits Self-funding Analysis Tools | Raymond DePaola | Corporate Synergies

3 Self-funding Analysis Tools Help You Choose a Funding Strategy

Raymond DePaolaOctober 9, 2018

Thinking of Switching Benefit Funding Strategies? 3 Self-funding Analysis Tools That Can Help You Decide

When the Opioid Crisis Hits Close to Home | Ellen D. Hosafros | Corporate Synergies

The Opioid Crisis Hits Close to Home; A Family’s Story

Ellen D. HosafrosSeptember 17, 2018

The National Opioid Crisis Hits Close to Home

Fear Not the Employee Benefits Open Enrollment 2019 Season | Harrison Newman | Corporate Synergies

The Open Enrollment 2019 Season is Coming (But Don’t be Afraid)

Harrison NewmanSeptember 11, 2018

The Open Enrollment 2019 Season Looming. 4 Steps to Avoid a Melt Down

Employee Benefits Industry Veteran Robert Flicker from Gallagher Benefit Services Joins Corporate Synergies as Vice President

PRESS RELEASE: Corporate Synergies Names Robert Flicker Regional Vice President of Account Management in New York

Press ReleaseSeptember 4, 2018

Employee Benefits Executive Robert Flicker Joins Corporate Synergies’ New York Team

Choosing the Right Pharmacy Benefit Manager Protects Health & Budget| John Crable | Corporate Synergies

Pharmacy Benefit Costs Untenable? Choosing the Right PBM

John CrableAugust 28, 2018

Narrow Networks Do Work…If Employees Understand How to Use Them

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A Primer on SUI Tax Alternatives

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11:00-11:45 a.m. ET

Did you know there is an alternative to paying State Unemployment Taxes that saves non-profits thousands? Think of it as a $50,000 donor walking through your door! Hear from 3 unemployment insurance experts.

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Town Hall with Dan Kuperstein: Re-wiring the ACA

The last few months have provided a whirlwind of activity around the ACA. Even though the ACA replacement bill failed to go to vote in the House, discussions & debates continue. For now, the ACA remains law, yet it is evolving. Some parts of the ACA will likely be transformed while other parts will likely die.

What will it mean for you? ERISA attorney and Healthcare Reform expert Dan Kuperstein will provide the legal interpretation and street-level guidance you need, including:

What went wrong with the repeal and replace initiative
The leading replacement plan – the AHCA
Compliance with the surviving ACA in 2017, its evolution and challenges
Understanding other recent healthcare-related compliance developments

Workshop: Dollars & Sense of Wellness Programs

Health & wellness expert Gary Cassidy presents a metrics-based wellness workshop demonstrating the tools and strategies that help drive measurable results.

See how wellness can impact your employees’ health and organization’s profitability, despite your funding arrangement.
Take an in-depth look at Value of Investment and Return on Investment and what both mean to your organization.
Learn why transitioning from participation-based wellness to outcome-based wellness increases measurable returns.
Identify a truly EPIC opportunity to increase employee wellness engagement and participation.

Top 3 Hot Risks of 2017: Workers' Comp, Marijuana & Cyber

Controlling Workers’ Compensation costs, protecting your organization from social engineering and cyber risk, and understanding emerging issues created by the legalization of medical marijuana is challenging for HR & Finance professionals today. Property & Casualty insurance expert James Gow examines:

Untamed Workers’ Compensation
Budding Marijuana Issues
Invasive Cyber Scams

Telemedicine’s Influence on Health & Wellness Benefits

Learn how this fastest-growing provider resource reduces costs and improves participants’ access to healthcare. Session highlights:

Why medical carriers are adding telemedicine to most fully-insured contracts
How telemedicine impacts claims for self-funded plans and how employees can benefit too
How education drives employee participation and understanding of what telemedicine can and cannot do

FMLA Law, Paid Leave & Upcoming Changes
for NY Employers

Unum will present and discuss:

Family and Medical Leave Act (FMLA), including legal considerations for employers & risk of non-compliance
Administrative options & employer challenges with FMLA programs, as well as the link between FMLA and Short-term Disability programs
Potential ROI for administering & managing FMLA with Short-term Disability in a single administrative platform
The value of developing a more structured FMLA administration program
Upcoming 2018 New York Paid Family Leave Law

Lower Healthcare Costs up to 30% with Reference-based Pricing

Historically we’ve asked providers how much they need to perform a service, procedure or treat a medical condition, then we would negotiate a lower rate by promising more patients. But has that approach promoted less personalized service and a need for physicians to increase service volume? Did we trade quality for quantity? In this session, you will:

Understand the current billing system, negotiated discounts and allowed charges
Learn reference (or “metric-based”) pricing by calculating costs from a measurable price, rather than starting with a fictitious cost of service pricing system
Appreciate pitfalls and challenges in referenced-based pricing
Hear how conversations about fair pay to providers is taking place at every level, from government to individual providers

Pharmacy Trends and Strategies to Preserve Affordability

Healthcare cost management expert Cory Easton of HORIZON Health Ventures will guide you in understanding unsustainable pharmacy trends & their key drivers. He will provide alternative market strategies to manage costs and mitigate trends and offer advanced strategies in managing pharmacy benefits today and in the future.

FMLA and ADA: Reducing Absences and Administrative Burden

FMLA continues to be a top concern for HR, while the ADA has been called an “inadvertent leave act.” In this session, leave management expert Mike Garfield walks through complexities of both FMLA and ADA, trends in absences, and solutions for employers wishing to reduce impact to their organization. Attendees will learn:

Top trends in absences related to FMLA and ADA
Key questions to ask when considering outsourcing leave management
How to integrate other support programs to speed employee return to work

SUI Tax Relief for Nonprofits

ALERT: There is an alternative to paying State Unemployment Taxes that saves nonprofits thousands! Think of it as a $50,000 donor walking through your door. Unemployment insurance expert Ron Lucki from UC Assure explains.

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Rx Trend: Leveraging Your PBM to Control Prescription Drug Costs

Healthcare costs continue to push upward. This trend poses a significant financial challenge for employers in 2017 and in the years to come. Bill Resnick, Chairman and CEO, and Kristin Begley, Chief Revenue Officer of Pharmacy Benefits Manager EmpiRx Health, walk employers through the role of the PBM in the design of drug plans that manage spending while providing clinical care commensurate with patient need.

They discuss:

Inflationary factors impacting drug programs
The role of rebates, tradition pricing and pass-through pricing
New drugs entering the market place
Specialty drugs’ impact on escalating cost…and how to manage the trend

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ACA(now) News Alert

Corporate Synergies has seen unsourced news reports that the IRS will impose Employer Mandate penalties within weeks. We will research and validate these reports and provide updates as available.

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Paid Leave: The Changing Landscape

Managing employee absences and remaining compliant with the Family and Medical Leave and Americans with Disabilities Acts has never been simple. But now, with more states and municipalities across the country adopting legislation to extend employee protections, keeping up with the evolving changes can add an entirely new level of complexity and risk. Ellen McCann, assistant vice president and special counsel for Unum’s employment law group, provides a detailed overview of the changing trends in U.S. leave laws and what these new requirements mean for HR professionals and their organizations.

Financial Wellness for Overall Employee Efficiency

Financial woes = low productivity + high stress. Employers can gain increased productivity and a more focused, satisfied workforce by giving employees tools to more effectively manage their personal finances, including healthcare costs. Employers can enhance their benefit offering with resources in:

Retirement Preparedness
Budgeting
Debt Management
Savings/investing
Risk Protection

Financial wellness expert Matthew Bahl from Prudential shares insights on these and other benefits of enhancing your benefits program.

IMPORTANT ANNOUNCEMENT

The SPARK⚡HR Washington, D.C. Forum is currently being rescheduled for a later date. We apologize for the inconvenience. If you have any questions, please contact us at csg.events@corpsyn.com

Panel Discussion: How Washington Will Impact Your Benefit Plans in 2019

From Prescription Drug Reform to Tax Reform to Medicare for All, we’ve seen a lot of new rules and regulations coming out of Washington, D.C. What does this mean for your organization’s health and welfare benefits plans? Our panel of experts in employee benefits legislation will discuss:

How to Prepare for the New Rules
Costs of New Employee Benefits Legislation
Employers’ Benefits Compliance Responsibilities & Reporting Obligations

Top 6 Voluntary Benefit Trends Your Employees Want

Industry expert Nicholas Park explores the top 6 emerging Voluntary Benefits that employees are asking for, using and appreciating. Attendees will hear why Voluntary Benefits are an important offering to your workforce, serving both your organization and their individual needs. He will also expound on the top 6 Voluntary Benefit products of today, offer industry measurements & markers, and delve into a case-in-point.

REGISTRATION IS NOW CLOSED.

To be added to the waitlist, click here.

The Fine Line Between Stressed & Disengaged Employees

Stress is key for survival, but too much stress can be detrimental. Unresolved stress in the workplace can swiftly turn a productive, motivated employee into a disengaged resource. Research suggests that companies are losing between 20-25% of their revenue each year due to disengaged employees. This presentation will teach how to spot a disengaged employee and the economic consequences of failing to do so.

Participants will understand how to:

Define good stress vs. bad stress
Decode individual personality traits
Identify and resolve workplace triggers

A Peer Discussion: Employee Benefits Trends & Solutions

Staying abreast of new benefits tools/resources available to employers can be a daunting task. We’ll facilitate a discussion among your peers on innovative solutions that are helping organizations manage their benefits programs. This session will allow participants to learn from each other on how to overcome the complexities of employee benefits for their population. In addition, we’ll share innovative strategies that are reshaping the benefits landscape from our perspective as a leading employee benefits brokerage and consulting firm. This session is not approved for CE credits.

Participants will learn about:

Top HR challenges and ways to overcome them
Cost reduction strategies
Innovative tools to drive participant engagement
New technologies to better administrate your benefits program

Absence & Leave: Navigating the Complexities

Employers struggle to manage absence, statutory leaves and reasonable accommodations. State and federal FMLA, ADA and ADAAA pose particular challenges for employers. A host of state and local leave laws also exist, including an increasing number of paid sick leave and paid family and medical leave.

In this seminar, Abigail O’Connell, Senior Counsel at Sun Life Financial, will review the requirements of each and other important leave and accommodation laws. She will discuss the major risks and liabilities employers can face as a result of recent DOL/EEOC rulings and jury awards related to FMLA and ADA. This session will also present common scenarios highlighting the pitfalls of ineffectively administering FMLA and ADA leaves.