Medicare risk arrangements: a primer

Article Abstract:

Employers can minimize the costs of providing health care benefits to retirees through the use of Medicare Risk Arrangements. These are health care programs offered by health maintenance organizations with prior approval from the Health Care Financing Agency. In this program, the agency develops a formula for the monthly payments of participants. The agency's unique reimbursement method allows HMOs to offer added benefits to retirees.

Author: Abbott, Randall K.
Retirement Benefits, Economic aspects, Services, Compensation and benefits, Medical care, Cost of, Health care costs, Retirees, United States. Centers for Medicare and Medicaid Services

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Redefining flex after health reform

Article Abstract:

Flexible compensation continues to grow despite the failure of the Clinton Administration's proposed health care reform package. A survey conducted on 712 consultants showed that 79.5% expect the number of companies adopting cafeteria benefit plans to increase. Flexible compensation involves five components, namely constructive receipt, choice, deferred compensation, time off alternatives and total remuneration planning.

Author: Abbott, Randall K.
Evaluation, Cafeteria benefit plans

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The art of communicating managed care

Article Abstract:

Managed care plans are far different from traditional indemnity plans. It is therefore critical that the plan sponsor communicate the managed care scheme well to beneficiaries. Sponsor communicators should relate managed care messages to corporate goals, recognize the audience and elucidate both employer and sponsor liability.

Author: Abbott, Randall K.
Analysis, Compensation management, Managed care plans (Medical care)

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