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Affordable Care Act Tax Reduction Solutions September 2013 PowerPoint PPT Presentation


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Affordable Care Act Tax Reduction Solutions September 2013. Affordable Care Act Tax Reduction Solutions September 2013. Who is Entrust?. One of the first Third Party Administrator’s licensed after the passage of ERISA in 1974 with corporate headquarters located in Houston, Texas.

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Affordable Care Act Tax Reduction Solutions September 2013

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Affordable care act tax reduction solutions september 2013

Affordable Care Act

Tax Reduction Solutions

September 2013


Affordable care act tax reduction solutions september 2013

Affordable Care Act Tax Reduction SolutionsSeptember 2013


Who is entrust

Who is Entrust?

  • One of the first Third Party Administrator’s licensed after the passage of ERISA in 1974 with corporate headquarters located in Houston, Texas.

  • Considered as one of the top Third Party Administrators (TPA) among its peers and selected to sit on the Board of Directors of the National and Texas professional associations.

  • Commonly sought after to speak nationally at professional associations, legislative functions and industry roundtables.

  • Authors of a nationally-recognized “white paper” on restructuring universal healthcare financing in America.

  • Texas Governor Rick Perry Appoints Robyn Jacobson, COO of Entrustto new Texas Health Institute in 2012 and 2013


About entrust

About Entrust…

  • Over thirty years of serving clients and plan participants nationwide, with literally thousands of plans on their proprietary system.

  • A focus on a high-level “concierge” approach to serving customer service needs while providing accurate and timely claim payments

  • Dedicated Account Management to satisfy the on-going needs of any group.

  • Prepared with a seasoned staff that is innovative, creative, professional, and focused on personalized service.


Partial list of entrust professional service s

Partial List of Entrust Professional Service's…

  • Plan Design – PPO, Medicare Allowable Open Access, Cash Payment, RealCare Series

  • Compliance Services and Training – ACA Compliance Services, HIPAA, COBRA, MED Part D, W2 Reporting, HITECCH Act, The Children’s Health Insurance Program Reauthorization Act of 2009, etc…..

  • Actuarial Risk Management Services

  • Re-insurance Selection and Pre-Underwriting

  • Benefit Videos, Employee Communication Tools, and Web Claim Portal


Professional service s continued

Professional Service's Continued…

  • Data Warehouse Analysis and Plan Forecasting

  • Patient Support Services

  • Employee Benefit Plan Trust Accounting

  • Enrollment and Automated Premium Collection Services

  • Consolidated Billing (Transamerica Products)

  • Capitated Rx Program and PBM Coordination

  • Plan Modeling Capabilities


Entrust family of companies

1974

1975

1986

1988

1990

1991

1993

1998

1999

2002

2004

2006

Entrust Family of Companies

Entrust Family

of Companies

EnCore Systems

Professionals, Inc

Claim Adjudication

Software & Consulting

TPAC Underwriters

Managing General

Underwriter

Entrust, Inc.

TPA

RX Concepts, LLC

Prescription Plan

Consulting/Risk

Management

Medical Helpline, Inc

PreCert / UR

Case Management

Nurse Triage

EnFormed

Benefit

Communications

Entrust Risk

Mgmt. Services

Consulting

Entrust Agencies

License Holder

Proprietary

Data Warehouse


What sets entrust apart

What sets Entrust apart…

  • Our ability to assist employer groups to maximize cost savings through the use of our Signature concepts in plan design and plan management while focusing on the goals and budget objectives of our clients.


State of the art technology

…State-of-the-Art Technology

Reporting Capabilities

  • Budget Analysis and Reporting

  • Full Trust Accounting and Reporting

  • Plan Utilization Analysis

  • Benchmark Analysis

  • Custom Analytics


Reporting

…Reporting

  • Plan analysis reports are provided to the client quarterly.

  • Allows the client to be involved in the financial performance of the plan throughout the year, not solely at renewal.

  • Data analysis allows for easy decision-making on plan design alternatives.


The entrust professional advantage

The Entrust Professional Advantage

  • The Society of Professional Benefit Administrators (SPBA)- COO is 2012 Chairman of the Board Directors&active members since inception

  • Texas Association of Benefit Administrators (TABA)– 2012 Immediate Past President & Legislative & Transparency Task Force Chair

  • Select MGU’s – That have an understanding of underwriting for our Signature concepts and plan designs.

  • EnCore Systems Professionals – Number one rated claims processing system with over 2.5 million lives


The self insured erisa plan aca

The Self-Insured ERISA Plan & ACA

  • Self-insured plans do not have to cover all Essential Health Benefits

  • Self-insured plans do not have to comply with deductible cost sharing limits. (They must comply with co-insurance cost sharing limits.)

  • Self-insured plans preempt state mandates; which makes it convenient to write employer groups with multi-state employees


Entrust and the realcare series real solutions for the affordable care act

Entrust and the RealCare Series – REAL Solutions for the Affordable Care Act!

  • RealCare Essential Series

    • Preventive MEC

    • Doc MEC

    • Doc MEC w/Genric Rx

    • Transitional MEC

  • RealCare Advantage Series

    • Basic MEC

    • MEC Plus

    • Essential Value

  • RealCare Secure Series

    • Hospital MEC

    • Patient’s Choice MV HD

    • Patient’s Choice MV MD

    • Patient’s Choice MV PP


Funding method concepts

…Funding Method Concepts

Self funding strategies with the opportunity for building reserves

  • Traditional Specific and Aggregate Contracts

  • Spaggregate

  • Capitated Risk Carve Outs

    • RX

    • Behavioral Health/EAP

    • Transplants


Compliance legal services

Compliance/Legal Services

  • COBRA

  • American Recovery and Reinvestment Act of 2009 (ARRA)

  • Paul Wellstone and Pete Dominci Mental Health Parity & Addiction Equity Act of 2008

  • The Children’s Health Insurance Program Reauthorization Act of 2009

  • Michelle’s Law

  • Genetic Information Non-Discrimination Act (GINA)

  • New HIPAA Privacy and Security Rules, including HITECH ACT

  • Compensation and Fee Disclosure Regulations

  • CMS Section 111 Mandatory Reporting

  • Never Events

  • Texas House Bill 2015

  • Texas House Bill 620


Aca management services

ACA Management Services

  • Employer Gap Analysis – Pay or Play

  • Enrollment/Waiver Maintenance

  • PCORI Fee Report – Patient Centered Outcomes Research Institute

  • IRS 720 Form (Quarterly Excise Tax)

  • Re-insurance Fee Report

  • Exchange Notices – Information Forms

  • IRS 6055 & 6056 (TBD)


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