With ROI expectations higher than ever, the task of benefits plan design and implementation can be a tightrope of competing interests. Responding to regulatory, legal, demographic and executive demands in the scope of plan design can be daunting, but the satisfaction of delivering a comprehensive and responsive benefits platform cannot be rivaled. This workshop is a two-part, highly interactive learning experience. In part I, you will explore benefit plan design and implementation, reinforcing your knowledge of benefits principles and law through exploring themes such as the multigenerational workforce, well-being program management, and development of a company's benefits mission statement. Then, in part II, you will immediately apply this knowledge to real world hypothetical benefit design situations in a team-based competition of strategy and tactics related to benefits plan design and implementation.
- Review ERISA basics;
- Review the basics of Consumer directed Plans and Cafeteria Plans;
- Receive an introduction to plan funding methodologies;
- Review the basics of the PPACA;
- Receive an introduction to HIPAA for plan sponsors; and,
- Review benefit considerations of the multigenerational workforce.
The result of this two-part process is the reinforcement of a working knowledge of plan design schematics, built upon the practical experiences of conflict resolution and mitigation of impediments to total rewards implementation.