Legal Update February 13
5 Sessions; 5 Re-Certification Credits

View the full speaker line-up here.

What's Hot and What's Not in 2018
Presented by:

John M. Bredehoft

Employment Law and Consumer Finance Practice Groups
Kaufman & Canoles
Randy C. Sparks, Jr.

Labor and Employment Law Practice Group

Kaufman & Canoles
 

Also:

  • Hot Off the Press-Breaking News: Sexual Harassment is Unlawful! . . .
    REALLY?!? Where have these people been?
  • The Next Wave: Pay Equity Laws
  • The Inside Scoop on the EEOC

When:
Tuesday, February 13
7:30 am - 4:00 pm
(Networking breakfast 7:30 am - 8:00 am)

 
Where: The Place at Innsbrook

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Our Top Six Action Items for Employers in 2018

Bill Howard, MBA
Mercer

In a year filled with major distractions like near-constant legislative action on health reform (and now tax reform) and the recent CVS/Aetna announcement, to name just a few, it has not been easy to stay focused on the essentials. As we turn our sights to the coming year, I’ve pulled together a list of six things employers should be thinking about in 2018.

1. Have a strategy to manage specialty costs. 

As the fastest-growing cost component of medical trend, specialty drugs are not an issue you can afford to ignore. In our most recent National Survey, 83% of employers say managing specialty drug cost will be an important or very important focus over the next five years. The first step is to take a look at your current utilization and spend for these drugs.  It is expected that 50 new specialty drugs will hit the market every year for the next five years, adding an estimated $250 million in pharmacy spend annually.  It’s not as simple as carving out specialty pharmacy -- there’s as much opportunity for management on the medical side of the plan as on the pharmacy side.

2. Protect your company from high-cost claims.

Under the ACA, all lifetime benefit limits on covered essential health benefits were eliminated. At the same time, medical science continues to advance. No surprise we have seen a surge in high-cost claims the past few years. In fact, Sun Life reports a 68% increase in claims over $1 million in the past three years, and even some claims as high as $10 million. Historically, very large self-insured employers have not purchased stop loss insurance. Given the costs associated with medical advances and new specialty drugs, this may no longer be an appropriate risk strategy and if you do purchase stop-loss insurance your current coverage level may not be enough. In either case, it’s a good time to revisit your tolerance for risk. I’d suggest you put this on the agenda for your next discussion with your CFO...Read on.

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Religious and Cultural Inclusion:  How to get it right

Gain a deeper understanding of the challenges that religious minorities, in particular American Muslims, face in our current culture, and the steps that we all can take to build a more inclusive and welcoming community. You will learn about the diverse historical, cultural, and demographic make-up of American Muslims, the impact of “Islamophobia” on this minority group, and ways that individuals and communities can come together to support and meaningfully include American Muslims and other cultural/religious minorities towards building a more cohesive society.

When: Thursday, January 25
8:00 am - 10:00 am
(8:00-8:30-breakfast and networking)



(There is a nominal fee for this
event.)

Where: WCVE - Community Idea Station
23 Sesame Street
Richmond, VA  23235

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In Transition? Looking?
Richmond SHRM offers assistance:  PACE Job Teams

Are you currently in between jobs?  If so, we have a group for you! PACE Job Teams meetings are held each month.

This group is based on the Lee Hecht Harrison Job Search Work Team model.  The team is designed to support the job seeker through peer networking and increased productivity in the job search. Here's what folks are saying:

"It was through this group that I found my current position which I love.  Thanks Kristi (our fearless leader) for presenting the opportunity and being a great advocate for my skills as well as character."

"The PACE group was very instrumental in helping me land my current position.  I started attending the group as I was making a career change.  The group was not only a wealth of knowledge (I found my mentor there), but is was also a great sounding board on how to effectively communicate what I wanted and how my past experiences would bring value to this new world I was looking to embark on."

Come join us to help increase your productivity and job search success!

There is no cost to participate; however, registration is required. The next meeting is scheduled for February 8 from 10:00 am - 11:00 am at Lee Hecht Harrison. 

Can't make the February 8 meeting?  No worries; just register for any one of several PACE meetings here.


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Why SHRM Seminars?
(Members only)



  • Trusted up-to-date content.
  • Expert instructors.
  • Options for all learning needs.
  • Expanded HR network.
  • Earn re-certification credits.
  • Save $200 with this code:  18SEMRICH
  • Held in cool locations:  Nashville, Dallas, LA!  Plus DC!

Great topics like these:  Succession planning, HR Analytics, Leading Internal Investigations, Mastering your HR Generalist Role.

Visit shrm.org/seminars.

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Upcoming Events

January 25
February 8
February 13

RADR Meeting: Religious
& Cultural Inclusion

WCVE - Community Idea Station

PACE Job Teams


Lee Hecht Harrison

2018 Legal Update


The Place at Innsbrook

8:00 am - 10:00 am
10:00 am - 11:00 am
7:30 am - 4:00 pm
Register Register Register
 Thank you to our Annual Sponsors:

 
 
 
   
Richmond SHRM
richmondshrm.org


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