Late health plan renewals are landing on executive desks with steep double-digit increases, forcing HR leaders and finance teams into an impossible corner at the worst possible time. But running out of time doesn’t mean you have to accept a broken budget. In this actionable webinar, benefits leaders and individual market carrier Oscar Health explore how employers can pivot away from volatile group plans and take back control with CHOICE Arrangements (formerly known as ICHRA). Discover how shifting to a defined-contribution model bends the cost curve—slashing expenses by an average of 20% while partnering with your trusted broker every step of the way. This session will debunk common myths around individual market coverage, highlight how top-tier carrier networks deliver high-quality PPO and HMO options, and show how automated technology eliminates out-of-pocket reimbursements. Whether you need an immediate alternative for this upcoming open enrollment or are planning ahead, walk away with the blueprint to protect plan quality without breaking the bank.
What You'll Learn
- Escape the renewal trap: How moving from defined-benefit to defined-contribution eliminates annual sticker shock and delivers savings of 20%+ in annual premiums.
- Broker-aligned strategy: Why this transition is designed to work in close lockstep with your existing broker, ensuring expert guidance and continuity.
- Uncompromising plan quality: Insights from carrier leadership at on how today's individual marketplace plans are evolving to meet the needs of today’s diverse workforce.
- Group-style administration: How modern platforms automate payroll deductions and carrier payments while delivering transparency and oversight.
- Fast-track timelines: The exact next steps your leadership team and broker can take immediately to roll out a plan before enrollment deadlines close.
Meet the Presenters
SHRM certification has approved this webinar for 1 PDC toward SHRM-CP or SHRM-SCP recertification. A program code will be provided at the end of the webinar.