Learning Options

Health Care and Insurance Plans—Financial Management
Certification Course: B3A

Discover the Important Issues

This advanced level course is designed for participants seeking an opportunity to expand their understanding and practical knowledge of funding alternatives and asset management methods for all forms of employee health and welfare plans. It focuses on alternative funding techniques, as well as regulatory and taxation consequences.

• Gain a historical overview of the health care system evolved through the decades
• Discuss risk theory benefits financing schemes
• Learn the details involved with the vendor procurement process
• Gain an understanding of the tax and legal issues for health, welfare and fringe benefits plans
• Discuss how to keep up-to-date with evolving health care strategy and performance measures
• Examine post-employment benefits

Who Should Attend

This course is designed for seasoned benefits professionals seeking to expand their understanding and practical knowledge of funding alternatives and tax consequences to employers, employees and trusts. It is assumed that attendees are proficient with the content presented in WorldatWork courses B1 and B3.

What You Will Learn

Historical Overview of Health Care Delivery and Developing the Strategic Framework

• Health plan management
• Overview of historical and current environment
• Developing the strategic framework

Risk Theory and Benefits Financing Schemes

• Risk theory
• Methods of handling risk
• Benefits financing schemes
• Insured approaches
• Self-insurance

Selecting Benefits Delivery Vendors

• Assessing the situation
• Selecting a vendor
• • Vendor identification
• • Developing the request for proposal (RFP)
• • Evaluating proposals
• Negotiation and finalizing the contract
• Letter of agreement
• The contract
• Transition to the new vendor
• Managing the vendor

Tax and Legal Issues for Health, Welfare and Fringe Benefits Plans

• Overview of major health plan and insurance tax code sections
• Medical and dental plans
• Group term life insurance
• Accidental death and dismemberment
• Disability income benefits
• Long-term care
• Tax treatment of welfare benefit funds
• Consumer-driven health plans

Measuring and Evaluating Health Plan Performance

• Health plan management
• Evolving health care strategy
• Health plan performance measures
• Exercise

Post-Employment Benefits

• FAS 106
• Measuring liabilities and expense
• Design and cost management issues
• Funding issues
• FAS 109
• FAS 112

	Credits CBP: Elective Certificate in Health/Welfare Programs Design and Administration: Required Recertification: 2 course, .5 Exam CEUs: 1.5 Course, .3 Exam CPEs: 16 CFP: 8 credits CPIM/CFPIM/CSCP: 14 points PHR/SPHR/GPHR recertification hours: 16
	Faculty
	Course book amendments
	Test your knowledge

Consider Bringing This Course to Your Location This professional development program and others offered by WorldatWork can be customized to meet the unique needs of your organization and delivered at your location. For more information, contact a Corporate Education Resource Manager at 877/710-5970 or 480/905-5980.