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ON TRACK KEEPING YOUR BUDGETS

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Presentation on theme: "ON TRACK KEEPING YOUR BUDGETS"— Presentation transcript:

1 ON TRACK KEEPING YOUR BUDGETS
A Valley Schools exclusive program update 2018

2 Valley Schools is a family of public entity pools that was created over 30 years ago by three school districts for the primary purpose of saving money through group purchasing insurance products and services. HOW IT BEGAN 2

3 WHERE WE ARE TODAY Valley Schools now serves over 35,000 member lives. We successfully manage over 183 million dollars in annual funding for medical, pharmacy and ancillary benefit payments for our members. We are proud to share that our members have collectively experienced only a 3.32% medical increase the last four years! 2

4 HOW WE ARE DIFFERENT HPACT is a Valley Schools exclusive program crafted for the unique employee benefits needs of Arizona government agencies. As an Arizona nonprofit corporation, Valley Schools offers superior benefits consulting for a fixed fee that saves members up to 30% over traditional for-profit consultants. The Valley Schools method is 100% procurement compliant and meets all public entity benefits consulting requirements with additional advantages. We are passionate about serving our members! 3

5 Compliance & Accounting Administrative Support
Membership and Consulting Advantages Vendor Management Compliance & Accounting Administrative Support Renewal negotiations with all vendors, including, Health Networks, Third Party Administrators (TPA’s), Pharmacy Benefits Manager (PBM’s), Dental, Life, STD, COBRA Administration, FSA Administration, etc. Nationwide network of preferred pricing from contracted providers Opportunity for ongoing vendor negotiations not subject to bid cycle Presence at meetings as requested including insurance committees, staff meetings, management groups, Governing Boards, etc. Open enrollment support Ongoing benefits education, in-person trainings, webinars, Brainshark productions Dedicated Account Manager & Wellness Coordinator Wellness platform and champion management program Experience, and Trend Calculation and Rate Setting Accounting, billing and support Consultative partner on State and Federal Compliance and reporting Requirements and Notices Monthly, Quarterly, and Annual Reports needed to analyze the financial and clinical performance of your Plans

6 What’s NEW? We are thrilled to share that our members have collectively experienced a 3.32% medical increase the last four years! Need Wellness? We now offer our award winning wellness as a stand alone program! Mention Riley and the RD.

7 WE BELIEVE! Wellness Programs DRIVE RESULTS
Dedicated Wellness Coordinator onsite to implement, improve and support our members’ wellness strategies Wellness that is data driven and targeted to achieve savings and improved health Coordinate guest speakers, health classes, biometric screenings, wellness fairs and other available wellness events Champion program coordination and management Provide regular health and wellness newsletters and s for members A 1% reduction in excess weight, elevated blood pressure, glucose, and cholesterol has been shown to save $83 to $103 annually in medical costs per person. Research studies suggest that for every $1 invested in health promotion, a company saves $3 to $5 in health and safety costs. Our #1 Goal for all member groups is Improved employee health and well-being. 7

8 TECHNOLOGY & SUPPORT State-of-the-Art WellStyles™ incentive program and platform with mobile application Detailed program utilization analysis, best practices and compliance advisement

9 Comparing Your Options
THE CHOICE IS YOURS MEDICAL INCREASES TRANSPARENCY There is no cost to join and no obligation to utilize any services or products. Members choose their services, providers and products. We advise, you decide Valley Schools Members have collectively averaged only 3.32% medical increases for the last four years. National medical and pharmacy trend is twice the Valley Schools average. We are proud of our members’ willingness to implement progressive strategies to help control and improve employee wellbeing and healthcare costs. Valley Schools is independently audited annually and is subject to examination by the department of insurance. Members receive monthly financial statements as well as detailed monthly claims experience reports based solely on their data.

10 THE FACES OF HPACT & VALLEY SCHOOLS
Your team includes: School finance administrators and veteran healthcare, consulting and wellness professionals who deliver unquestionable industry expertise. We are dedicated to making a difference for our members every day! Our team is constantly looking to improve programs or services to meet industry challenges and member needs.

11 Contact us to become a member at no cost!
Valley Schools and HPACT exists to save Public Agencies on employee benefits consulting and all benefit related services and products. Contact us to become a member at no cost! HERE TO HELP Sheri Gilbert Marketing Director Office: (623)  


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