Employee Benefits Cost Containment Strategies in the Era of COVID

$179 Member | $279 Non-Member

Credit PDH Credits:1.0

Tag(s) Human Resources, On-Demand

Employee Benefits Cost Containment Strategies in the Era of COVID

Description

Available on 4/8

COVID has had a profound effect on every aspect of our lives, including the cost of the employee benefits programs that employers provide for their workforce.

Join Michaela Scott to examine the factors that are driving those costs and the strategies employers can take to mitigate them.

TAKEAWAYS:

Understand the cost containment strategy around spending accounts (HRAs, HSAs)
Learn how alternative financing mechanisms (Self-Insurance, Health Care Captive Insurance Arrangements) can save money and deliver a better employee experience
Examine the effect of Employer Matching for 401(k), 403(b), and Employer Profit Sharing
Identify the impact of mitigating costs with a long-term strategy
Explore the effect of employees taking early distribution from retirement accounts, and tools to help employees manage/mitigate financial stress

About the Presenter: Michaela F. Scott leads Borislow’s Employer Retirement Consulting Practice (BI-ERC). She earned her Master of Science in Financial Services with a concentration in Retirement Planning from the American College of Financial Services where she serves in a leadership position on the Alumni Advisory Board. She is a Certified Financial Planner™, Accredited Investment Fiduciary, Retirement Income Certified Professional®, Charted Financial Consultant, Certified Health Savings Advisor and an Investment Advisor Representative with her Series 6, 63 and 7.