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transcript
Capabilities PresentationPrepared for:
Your Diocese By:
Philip C. BushnellJanuary 13, 2011
The Complex World
■The economy is in constant flux
■The political environment is changing
■Social Security and Medicare are no longer sure bets
■Americans have not saved enough for retirement
■Technology is driving new delivery possibilities
■Increased regulatory environment
■Healthcare costs continue to rise
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Diocese Benefits Program Challenges
■ Maintaining comprehensive packages because of increasing healthcare costs
■ Limited staff
■ Decentralized billing and payroll functions
■ Aging population with escalating health issues
■ Dealing with lack of marketplace understanding of differences between ERISA, church plan status and state regulation.
■ Maintaining a benefit plan that is in compliance with the “Ethical and Religious Directives for Catholic Health Care Services”
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■ Founded 1927■ Traded under NYSE symbol: AJG, since 1984■ 9800+ Employees
■Operations in 15 countries and network of correspondent brokers and broker consultants in more than 100 countries
■One of the world’s largest insurance brokerages■ Listed among Forbes’ Platinum 400 as one of the best big
businesses in America
Arthur J. Gallagher & Company
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■Full-range of employee benefit services
■Founded in 1961
■2000+ Employees in over 80 offices
■Recipient of 2010 Business Insurance Readers Choice Award for Best Employee Benefit Consultant
■Subsidiary of Arthur J. Gallagher & Co.
About GBS
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Mission■To build the best benefit service practice with brokers and consultants
who understand the value of building relationships and partnerships, trust, and inspiring confidence in our clients
■To provide superior, cost-effective benefit products and services with the highest professional excellence
■To measurably help our clients manage and grow their businesses
Values■Unwavering ethical standards and transparency
■Culture of honesty, integrity, and mutual respect
■The Gallagher Way
Our Mission & Values
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Key Consulting Service Areas
• Individual Investment Planning• Non-qualified Plans• Life Insurance and Disability
Planning• Estate and Wealth Transfer• Business Succession Planning
• Business Strategy Development• Strategic Plan Design• Workforce Planning• Compensation Design• Executive Compensation• HR Efficiency and Compliance
• Fiduciary Risk Mitigation and Management
• Qualified Plan Consulting• Non-qualified Plan Consulting• Institutional Investment Advisory
Services• Actuarial Services• Plan Design, Benchmarking,
and Monitoring• Compliance Assistance
• Multi-Year Financial Projections• Medical Management• Vendor Audits• Healthcare Informatics• Customized Benchmarking• Network Evaluation• Actuarial Consulting Software
• Strategic & Annual Planning• Vendor Marketing, Due
Diligence, & Negotiations• Benefit Plan Design &
Implementation• Administration Support• Compliance Support• Employee Communications• Wellness & Disease
Management
Retirement ServicesHealthcare Analytics
Human Resources
Health & Welfare
Executive Benefits
• Integrated Approach• Balanced with Core Offerings• Managed Implementation• Enrollment Capabilities• Education-based
Communication
Voluntary Benefits
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Strength in Numbers
Seattle
TacomaYakima
Larkspur
San Francisco
Pleasanton
EncinoLos Angeles
Orange County
Denver
Dallas (4)
Houston
Austin
Sioux City ChicagoItasca
Lake Charles
Baton RougeMetairie
Thibodaux
Oklahoma City
Springfield
Lafayette
St. Louis
Grand Rapids
Troy
Bingham Farms
Nashville
Atlanta
Alpharetta
Charlotte
Jacksonville
Tulsa
Orlando
Tampa
West Palm Beach
Boca RatonFort Lauderdale
Ambler
Philadelphia (2)
Boston (2)
Miami
PrincetonMarlton/Mt. Laurel
White Plains
Parsippany
New York
Fairfield
East Hartford
St. Clair Shores
Des Moines
Kansas CityFresno
Odessa
Minneapolis
Indianapolis
Garden City
SacramentoPittsburgh
Salt Lake City
Roosevelt
San Antonio (2)
Waukegan
Waco
Holladay
Rochester
Buffalo
Cranford
Coral Springs (2)
San Jose
Visalia
Milwaukee
The Woodlands
Ft. Worth
Searcy
Louisville
Syosset
Media
Sugar Land
Phoenix
Spencer
Houma
Dublin
St. Paul
*as reported in Business Insurance May 2010
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At Your Service
Your Diocese
Your Diocese
Mike DiCenso, Retirement
Scott Hamilton, Human Resources
Mike Thomas,Pharmacy
Jim Murray, Health & Welfare
Tony Hernandez,Technology
Mike Miele, Healthcare Analytics
Darla HerringAccount Coordinator
Rachel Meyers,Branch Manager
Arnie MunsonCompliance
Michael GormanUnderwriting
Phil BushnellArea VP
Angie TaylorAccount Manager
Sharon Foster, Compliance
Ali PayneWellness Consultant
Lynn KaminskySpecial Projects
Peter PersuittiReligious Practice
Group Leader
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Full-Service Approach
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Your Diocese
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GBS Viewpoints
• Customized and branded employee surveys
• Gauge employee satisfaction• Personalized e‐mail invitations to employees
• Multi‐lingual options• Supports multiple question types• Based on industry leading Vovicitechnology
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HCR PlannerLegislative UpdatesFinancial Impact Study
Healthcare Reform Consulting
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GBS Insider
• An online, comprehensive, and interactive reporting system
• Benchmark report designed to meet the needs of small to mid‐size GBS clients as well as national employers
• Cost and utilization data from over 40 different medical service categories
• Illustration of how your client’s plan performed relative to benchmarks
• Ability to assess where, how, and to what end healthcare dollars are being spent
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GBS Directions
GBS Directions is an electronic newsletter, which includes:•Monthly compliance newsletters•Technical Bulletins•National compliance webinars
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GBS Insight
•HR Self‐Service – HReSource•Detailed plan information•HIPAA secure communications•Document management•Latest insurance news
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HReSource
HReSource is a powerful search engine and information repository powered by BNA that delivers human resource, employee benefits, compensation, risk management and safety, employment and regulatory issue information.
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Employee Communication Solutions
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Connect2MyBenefits
• Basic employee communication website
• Company intranet• Life events• Health news• Calculators
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SmartBen
• Basic employee communication website
• Company intranet• Life events• Health news• Calculators
■Over 200 religious clients■75 Gallagher advisors serving Houses of Worship, Faith-based Schools and
Colleges, Dioceses, Religious Orders, Denominations, Faith-based Hospitals and Nursing Homes, Related Nonprofit Entities
■Active participant in the Diocesan Fiscal Management Conference and the National Association of Church Personnel Administrators
■Working with faith-based organizations to overcome challenges, such as:– Maintaining comprehensive packages because of increasing healthcare costs– Balancing fiscal responsibility with intense public scrutiny– Overcoming a lengthy approval processes– Limited staff to handle decentralized billing and payroll function– Adhering to appropriate compliance and know the distinction between ERISA,
church plans and state regulation– Dealing with an aging population of employees with escalating health issues
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Gallagher Religious / Nonprofit Practice Group
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A Dedicated Partner
■ Innovative and proactive approaches ■ High-level consulting services■ Industry leading carrier RFP and selection process■ Experts in finance, legal and regulatory issues ■ Extensive technical and compliance resources ■ Day-to-day plan administration support ■ Strategic partnerships with service providers■ Committed to our client’s values and serving their needs■ Full revenue disclosure
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The Difference
Commitment to Excellence
Commitment to Excellence
Innovation & Creativity
Innovation & Creativity
Gallagher DifferenceGallagher Difference
Let Gallagher evaluate the effectiveness of your program
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Next Steps
Program Effectiveness Audits
Compensation AuditCompensation Audit
Workforce EvaluationWorkforce Evaluation
GBSInsiderGBSInsider
Payroll AuditPayroll Audit
Eligibility AuditEligibility Audit
Wellness Program AuditWellness Program Audit
Post Enrolled Plan Design AuditPost Enrolled Plan Design Audit
FAS 106FAS 106
GASB 45 AuditGASB 45 Audit
TPA AuditTPA Audit
Rx AuditRx Audit
Retirement Plan Forensic AuditRetirement Plan Forensic Audit
Executive Benefits Program AuditExecutive Benefits Program Audit
Employee Satisfaction SurveysEmployee Satisfaction Surveys
HR Policies AuditHR Policies Audit
Report to ManagementReport to Management