Page 48 - Francis Parker School RFP (Stawicki)
P. 48
Appendix 3: Five Year Strategic Plan
Year Four: 2023-2024
Year 4 would feature a thorough review of this five-year plan and would make adjustments as
appropriate. It also focuses on review and assessment as well as a through market review.
Cost Containment
Thoroughly review network utilization
Continue to review expected utilization based on group demographics
Determine if Francis Parker School is a good candidate for self-funding or a captive, review
funding options and
Review Consumer Driven Health Plans, motivators, perception, education requirements and
analyze if consumerism is working in the health plans
Continue to review health and welfare plan against benchmark data including other
education industry employer plans, and other employer plans on a national and regional
basis to help guide plan design and cost-sharing decisions
Continue to compare SmartBen to other benefits enrollment systems
Wellness/Well-being
Extend the wellness program for spouses for maximum effect
Engagement will include not only health assessments and biometric screenings but
challenges such as weight loss, sugar busters, nutrition, obtaining annual physicals, etc.
Continue tobacco cessation program to include employees and spouses
Assess incentives for healthy behavior, extra day off, recognition within company, trips
Consider increasing value and impact of incentives for achievement results-based goals set
Carriers to provide a minimum of $5,000 annually to contribute to wellness program costs
Employee Communication
Continue to address and communicate all health care reform legislation to employees as
needed
Continue the “Know Your Benefits” bimonthly email campaign
Host the annual Health Fair in October
Update and refresh in-depth and informational employee benefit guide to include more
detail of the benefit program in detail
Communicate to ensure employees understand the connection between wellness and
benefit costs