Using an Exchange to Modernize a Benefits Strategy Through Choice

SHRM 2017 Annual Conference & Exposition

You will learn how consumer-centric technology modernizes benefit enrollment with decision support tools that enable employee choice based on individual need.

PowerPoints/Handouts Available

Today's workforce comprises multiple generations with diverse needs. You must develop your exchange strategy to solve challenges in supporting an evolving workforce. Using a private exchange to modernize your benefit strategy - through choice and education - enables you to offer the appropriate benefits to employees while simplifying administration. It can help your employees take greater responsibility for their buying decisions, become better health care consumers, realize the value of their benefits and derive more satisfaction. This session will:

Examine how private exchanges can help consumers navigate choice.
Help you understand why choice is key to a good consumer experience.
Ensure creativity and flexibility in product design and distribution to address the different needs of today's workforce.

Date(s) & Time(s):

Tuesday, June 20, 2017 - 2:15pm to 3:30pm

Presenter:

Rob Harkins

Private Exchange Practice Leader

Willis Towers Watson

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Rob Harkins leads the Willis initiative for private exchanges, which focuses on a Defined Contribution approach and emphasizes cost control through a total population health management strategy. Harkins has over 30 years of experience at medical carriers, including UnitedHealthcare, Coventry and Prudential. Most recently, he was Vice President of Sales for Extend Health, the nation’s largest private exchange.

SESSIONS:

Location:

383-385

Amount of Credit:

1.25

Credit Type:

•SHRM PDCs

Session Type:

Concurrent Session

Competency:

HR Expertise

Intended Audience:

Senior-Level

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