All for One, None for All: Collaborative Healthcare Solutions for Higher Education

Bryan Swarthout - Vassar College
Aaron Buzzell - Alera Group
Tom Burgess - Alera Group

Collective purchasing has moved past the Three Musketeers approach. Attendees will learn about the differences between fully insured, collectives, consortiums, captives, and self-funded health plans.

Discover how leveraging numbers, funding alternatives, and advanced strategies improve outcomes such as financial savings, improved population health, tax benefits, and greater control over benefit design and vendor partnerships.

In addition, attendees will learn from a clinician’s perspective about healthcare cost inflators like prescription drug utilization, inflation, and high-cost claimant treatments, which result in insurance premium increases, and lead higher education institutions to explore alternative solutions.

Learning Objectives

1. Understand the risks and benefits of operating a stand-alone self-funded health plan.
2. Discuss where high healthcare costs are coming from and why their budgets are being pressured.
3. Examine alternative solutions through collaboration while protecting institutional autonomy.

CPE Available

• 1 Credit: Finance