The CPA Toronto Accounting Group & TheGAAP.net: Present:  Managing your Benefits Budget – Cost Drivers and Controls  

Sponsored by Jeffrey Gregory of

Desjardins Financial Security Investments Inc.  

Join us IN PERSON on Tuesday June 11^th 6:30 pm  

Strategic Financial Analysis – Live Event (in person) at:

Willie Stouts Pub and Grill

2175 Sheppard Ave E, North York, ON M2J 1W8

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Managing your Benefits Budget – Cost Drivers and Controls – Sponsored by Jeffrey Gregory

Employers continue to struggle with the fairly volatile cost of employee benefits plans.  Small and medium sized organizations require better governance and oversight to a line item that is increasing at a rapid and sometimes unexplained rate.

Education on employee benefits pricing and cost management involves understanding various factors. This includes distinguishing between general rate factors and overall cost drivers. Claims, especially those related to chronic illnesses and rare diseases, significantly impact costs.  Factors like plan expense considerations, inflation, pooling mechanisms, and premium sharing arrangements affect overall expenses. Understanding these components helps in crafting effective strategies for cost containment and management.

Carrier pricing and negotiation tactics are essential aspects of healthcare cost management. This involves delving into the intricacies of underwriting mathematics, discounts, and rate guarantees to optimize pricing structures. Furthermore, exploring alternative funding models like Administrative Services Only (ASO) or Third-Party Administration (TPA) arrangements can offer insights into cost-saving opportunities. Effective negotiation skills and understanding carrier pricing methodologies are crucial for achieving favorable terms. By mastering these concepts, organizations can navigate the complexities of healthcare pricing to ensure sustainable budgets and financial health.

Meet Our Esteemed Speaker:

ROGER THORPE is President of Thorpe Benefits, an integrated benefits and wellness consulting company based in Toronto since 1982.

Having joined the firm in 1997 and later acquiring ownership of the company in 2005, Roger has built a team of senior consultants that understand Group Benefits inside out.   Customized solutions are cost-effective, incorporate Wellness and are designed to promote employee health, maintain employee loyalty, increase retention and enhance a company’s culture and overall appeal.

With deep insight into employee benefits, Roger has chosen to challenge existing benefits consulting models. Full transparency of fees and measured delivery of service is backed by a signed Service Agreement with clients. Thorpe Benefits is changing the “old-school” broker model where commissions are hidden, and service is reactive.

Roger is passionate about high performance living where training and improvement never stops.

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Managing your Benefits Budget – Cost Drivers and Controls – Sponsored by Jeffrey Gregory

Testimonials:

Hi Paul, I appreciate all the webinar events that you organize – I have been successful in learning lots of information and earning CPD too.  Also, I appreciate the networking opportunities.  Thank you. Lisa Blackburn

The talks have helped me create more informed plans regarding my financial plans! Very informative! Rahi Tajzadeh thebigleaf@gmail.com

Great workshop, very valuable and inspiring. I would like to attend the workshop again………………..Chiedozie Megwa 

Each event is fantastic! I learn something new every time that will help me in my professional and personal life. I hope to be a regular in TheGAAP.net events. Mrigank Kabra

The workshop was very informative and well organized, covering the relevant topics and providing the right amount of content. The audience had adequate opportunity to ask questions to the speaker and interact with the fellow attendees. It was a workshop worth the time and cost. Look forward to attending the future workshops. Kul Makkar Director ITA Canada

Paul Calleri, Founder of TheGAAP.net, TheGAAP.netCareers, and the CPA Toronto Accounting Group