Page 48 - Francis Parker School RFP (Stawicki)
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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
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