By: Tim Callender, Esq.
It’s about this time each year that travel really starts to kick in to high gear for numerous Phians. From Adam, to Ron, to Mike, to Garrick, to me…. Planes, trains and automobiles! I for one view this as an opportunity take our passion for this industry and our passion for cost-containment and unique solutions all across the nation. This week I will be lucky enough to be a speaker at the Alaska Association of Health Underwriters Annual Expo in Anchorage, Alaska. It will be my privilege to spend time with this great group and focus on innovating in the self-funded space. I will be talking about cutting edge solutions that can help self-funded plan sponsors, TPAs, consultants, and other industry stakeholders keep health plan costs down while reducing the legal risks associated with self-funding. Specifically we will be focusing on third-party fiduciary transfer opportunities to minimize legal liability; subrogation and recovery opportunities to maximize dollars returned to a plan’s pocket; and out-of-network solutions that can be utilized to keep out-of-control provider billing down while providing clear resolution on seemingly open-ended claims. In addition, I look forward to some great discussion on plan documents and how the proper utilization of cutting-edge language is key to support all of these solutions.