The idea that networks and discounts are important to controlling health plan costs isn’t new, the idea that it is a small part of controlling health plan costs is new.
Syracuse, NY (PRWEB) April 4, 2011
For the second year POMCO Group employees, Vanessa Flynn, vice president of client services and Penny Barron, business development executive, will present at the Health and Welfare Plan Management for Mid-Sized Employers Conference. The presenters highlight POMCO Group’s methodology for reducing health care costs; an idea that is unique in the industry and has given rise to discussion throughout the conference. “The idea that networks and discounts are important to controlling health plan costs isn’t new, the idea that it is a small part of controlling health plan costs is new and that is what will drive our presentation,” states Flynn.
POMCO Group is one of the nation’s largest benefits administrators and provides employee benefits and risk management services to self funded employer groups. It has been successful in utilizing proper plan management techniques, in addition to customized network arrangements, to help manage its clients’ health care costs but the industry has been hesitant to abandon the idea of comparing health plans by using networks and discounts as the deciding factors. “Employers understand the importance of proper plan management, but, unlike discounts and network costs, it is difficult to place plan management into a spreadsheet for comparison,” states Barron.
POMCO Group will be detailing its techniques for reducing its clients’ health care costs during its presentation at the conference. In addition to the presentation, POMCO Group will also be exhibiting at the conference answering questions about benefits administration and its benefits to employers who have the ability to self fund their heath care costs.
For more information on POMCO Group, and the Health and Welfare Plan Management for
Mid-Sized Employers Conference, please visit pomcogroup.com.
POMCO Group is one of the nation’s largest independent third party administrators assembling fully-integrated services to provide comprehensive, cost effective solutions for clients. Comprised of specialized divisions with a united focus on offering customized, flexible employee benefits, risk management and outsourcing options, POMCO Group was established in 1978 and has offices throughout the United States. Visit pomcogroup.com for more information.
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