ASO Work Group: April 2024

Event Date: 4/23/2024

Event Overview

Tuesday, 4/23/2024
1:00 PM CT – 2:30 PM CT (90 minutes)
Hosted by: Rick Koven

In this session we will focus Level Funding and Stop Loss. Level Funding (self-funding for small employers) is the fastest growing segment of the ASO market, and several Plans are in the market and many more are considering jumping in. We will interview experts on the necessary steps for launching this product as well as updates from Plans on best practice and pitfalls to avoid.

We will also examine some exciting developments in the stop loss market, including broker and group sponsored captives, gene and cell therapy carve outs, benchmarking underwriting practices and overcoming barriers to begin taking stop loss risk.

The ASO Work Group is a highly collaborative peer group for Plans looking to grow their ASO business. ASO Horizons are strategic sessions exploring how to grow profitable and sustainable ASO lines of business. ASO Special Topics sessions are deep dives into areas such as stop loss risk taking and captives, Level Funded Plans, and innovative plan designs, all oriented to those responsible for growing their self-funded books of business. ASO Basics sessions will offer operations staff and sales folks who are newer to self-funding an introduction to self-funding concepts as well as operational and competitive requirements. All sessions emphasize peer to peer sharing on how plans are overcoming the challenges inherent in this complex but promising segment.

Audience

Managers and executives with an interest in product development, sales, and marketing and anyone interested in growing ASO/self-funded line of business

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Documents

4/25/2024

Recording: ASO Work Group: April 2024
In this session we focus on Level Funding and Stop Loss. Level Funding (self-funding for small employers) is the fastest growing segment of the ASO market, and several Plans are in the market and many more are considering jumping in. We hear from SummitRe on issues and benefits of level funding and from GallagherRe about stop loss and gene and cell therapy.

4/17/2024

ASO April 2024: SummitRe Interview
Rick Koven speaks to Mike Holthaus and Chris Alexander of SummitRe about the issues and benefits of level funding. Learn more about how and why Plans are transitioning to level funded products vs. self-funded products.

4/17/2024

ASO April 2024: GallagherRe Interview
Rick Koven speaks with Ellen Anhut, Andrew Barth and Tom McGrath from GallagherRe about stop loss. Learn about issues Plans have been facing with gene and cell therapy, and the strategies they are seeing these plans implement.