Sessions
Concurrent Session
Using an Exchange to Modernize a Benefits Strategy Through Choice
383-385
Tuesday 06/20/2017 02:15 PM - 03:30 PM
1.25 SHRM PDCs
| Competencies: HR Expertise
| Intended Audience: Senior-Level
Workplace Application:
You will learn how consumer-centric technology modernizes benefit enrollment with decision support tools that enable employee choice based on individual need.
Today's workforce comprises multiple generations with diverse needs. You must develop your exchange strategy to solve challenges in supporting an evolving workforce. Using a private exchange to modernize your benefit strategy - through choice and education - enables you to offer the appropriate benefits to employees while simplifying administration. It can help your employees take greater responsibility for their buying decisions, become better health care consumers, realize the value of their benefits and derive more satisfaction. This session will:
- Examine how private exchanges can help consumers navigate choice.
- Help you understand why choice is key to a good consumer experience.
- Ensure creativity and flexibility in product design and distribution to address the different needs of today's workforce.
