Solving the ACA Puzzle: Applying a Total Opportunity Matrix

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Presenter: Theresa Doherty Stenger, Trion

Program Date: June 2016. This program is no longer available. See a list of all currently available webcasts.

Program length: 60 minutes

In today’s compliance-driven environment, employers have never been more stressed for time. Ask any, and you'll hear about it: Days are spent negotiating the Affordable Care Act, cost-management strategies, plan renewal conversations, vendor relationships and employee engagement issues.

All of which leaves employers and their benefits professionals with little time to focus on what’s most important: Understanding where their plans stack up against other companies and how well they’re performing. Unfortunately, most employers don’t understand how to measure this success beyond evaluating renewal costs. If costs are lower than expected, those plans are deemed to be doing well. But it’s not always that simple.

In this program, Theresa Doherty Stenger of Trion will discuss a new way of analyzing the effectiveness of your benefits: the Total Opportunity Approach. Using this analysis, you will be able to:

  • Identify and optimize opportunities using best practice strategies to make your organization's plans perform better.
  • Get the most of out your benefits spend.
  • Direct any savings to other programs to create a total rewards experience for employees.
It works by using clearly defined metrics, national surveys, and other benchmarks that separate top-tier companies from their competitors to show clients where they can improve and how. At the heart of the tool are five strategic areas levers:

  • Optimal benefit design
  • Employee engagement
  • Workforce health
  • Vendor networks/services
  • Plan management
In this webcast, you will hear how your organization can maximize your total rewards package by understanding all the strategic levers you can pull to offer cost-efficient benefits that align with your overall benefits strategy.

About the Presenter: Theresa Doherty Stenger, SHRM-SCP, SPHR, is a strategic account manager at Trion, responsible for providing strategic consulting and relationship management services to large employer groups. An expert in the development of total reward strategies, Stenger has built her career by helping employers maximize the value of their health and welfare benefit programs by developing and implementing innovative solutions. Each day, she orchestrates the deployment of corporatewide resources to implement comprehensive products, services and solutions to strategic key accounts—ensuring they meet their benefits objectives and achieve their goal of being employers of choice for their industries. Prior to joining Trion, Stenger was a strategic consultant with Willis of Pennsylvania and Unum.

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Recertification Credit

Viewing this webcast in its entirety qualifies for a recertification credit hour that may be counted toward SHRM-CP and SHRM-SCP recertification from SHRM and PHR/SPHR/GPHR recertification from the HR Certification Institute.

Webcast Sponsor

This webcast is sponsored by Trion


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