The current state of health insurance availability, coverage and affordability, is in flux, and the only constant seems to be change. It is critically important for small employer nonprofits and those covered by community rated plans to make the best decisions possible given the needs of their employees and their capacity to contribute. This series is an expanded follow-up to two sessions offered last year, and is designed to offer participants practical advice, expert and peer guidance, and useful tools regard the challenging decisions that are ahead.
Participation is exclusive to New York Community Trust and Altman Foundation grantees and other invited guests. Participation for the individual sessions is not contingent on attending any previous session.
Tuesday, August 1st, 2017 2:00 pm to 4:00 pm
Preparing for the Future of Health Insurance: What is a Small Nonprofit Employer to Do?
The uncertainty of federal and state policies has put the health insurance market in turmoil. Determining what is reality today, while also preparing for the potential new realities of tomorrow can wreak havoc on a nonprofit’s planning, budgeting, and staff morale. It is vital that nonprofit employers have a good understanding of the coverage options available to them, the financial implications they may have on the organization and the employees, and be capable of engaging staff in an informed decision-making process. This interactive workshop will simplify and demystify the current status of health insurance in New York. Attendees will gain aworking understanding of the current law (The Affordable Care Act) as well as the changes that have been acted upon or are being proposed at the federal level (The American Healthcare Act). In addition, attendees will gain a better understanding of how New York State health insurance regulations affect the coverage choices and how the State of New York is responding or adjusting to federal changes. Also to be covered are the alternative funding options, such as Flexible Spending Accounts (FSAs), Health Reimbursement Accounts (HRAs) and Health Savings Accounts (HSAs).
Wednesday, September 13th, 2017 2:00 pm to 4:00 pm
Equity Issues in Designing Employer Sponsored Health Plans
Nonprofit employers and employees are becoming increasingly aware of how their compensation policies appropriately and fairly differentiate between employees based on position, qualifications, tenure, etc. This includes recognizing that compensation is not a matter of salary alone, but of “total compensation,” including health insurance coverage.
As you know, health insurance premiums are increasing dramatically each year. For employers that contribute toward these premiums, be it for the individual, couple or family plans, these rising costs can create unintended disparities in total compensation. This disparity is often accentuated by premiums annually increasing at a much greater percentage than salaries increase. This can be a “charged” or “hot button” financial and human resource problem that can seriously impact budgets, influence employee morale, and cause shifts in employer contribution policies.
Join us in a lively peer-led panel discussion as to how employer health plans can foster or deter compensation equity, the important role that organizational values play, and what the policy and practice solutions may be.
In addition, attendees will be updated as to the latest status and immediate employer implications of the Affordable Care Act, the American Healthcare Act, and related changes by the State of New York.
October 11th, 2017 2:00 pm to 4:00 pm
Time to Choose: Preparing for Your Open Enrollment
The fall is the time that many nonprofit employers and employees need to make choices as to their health coverage. Community rated plans and their rate options are publically available and educational and enrollment efforts are underway. This workshop will provide objective, practical and useful strategies to help nonprofit leaders make informed decisions in real time. The workshop will also present tools and ideas on how to best navigate their health plan renewals, including how to get the service your organization needs from your insurance broker. Participants will be empowered with decision making tips for making their health plan selection and provided with communication strategies for keeping staff informed and engaged. The good news is that, at this time of year, we should also have a firmer grasp on federal and state policy developments and how they shaped the marketplace, which will be discussed.
Have questions about Roundtable Series: Health Coverage Decision-Making for Nonprofits in a Critical Year of Change [NYC]? Contact Governance Matters, Inc., a subsidiary of NYCON