CHICAGO, Sept. 5, 2013 (GLOBE NEWSWIRE) -- Willis North America, a unit of Willis Group Holdings (NYSE:WSH), the global risk advisor, insurance and reinsurance broker, announced today the 8th Annual Willis Managed Care Organization Roundtable, September 10-11, in Chicago, IL.
The Willis Managed Care Organization Roundtable brings together leading specialists from the Willis Managed Care Practice, a sub-specialty of Willis' National Health Care Practice with risk management representatives from dozens of managed care organizations, including group health insurers, pharmaceutical benefit managers, local government-sponsored plans, Independent Provider Associations (IPAs) and Accountable Care Organizations (ACO's) of all sizes for educational and networking opportunities. Entitled, Managing the Fork in the Road, this platform of risk management insight is designed to help firms manage today's complex risk and regulatory environment in the wake of health care reform and also features commentary from key insurance carrier partners and consultants.
The forum will also feature a case study that introduces a unique decision-support tool, the Risk-Based Capital Financial Impact Analysis. This unique Willis offering helps organizations quantify their residual risk tolerance at a time when the challenges of capital constraints due to health care reform are colliding with new capital adequacy reporting requirements coming online in 2015.
Commenting on the event, Frank Castro, National Health Care Practice Leader, Willis North America, said, "Health plans are confronted with making strategic decisions in advance of the 2014 health care reform rollout. Plans are struggling with the loss of a clear identity and position in the marketplace, the burden of very sick Exchange enrollees coupled with low Exchange product pricing, and most importantly, being viewed as failing to bend to the health care cost curve. As a result, plan risk managers are focused more than ever on their organization's limited risk tolerance."
"Through the Roundtable, Willis is committed to nurturing a unique peer community for health plan risk managers and insurance buyers. We are proud to offer a platform that helps connect the dots between the managed care industry's business challenges and the value of insurance and risk management solutions that enhance managed care organizations' risk capacity," Castro continued.
Experts will lead a variety of educational sessions, including:
- When You Come To A Fork In The Road, Take It: The Payor-Provider Blur - Ronnie Brownsworth, Piedmont Health Care; Diane Holder, UPMC Health Plan; Robert Margolis, Healthcare Partners/DaVita; Ken Weixel, Deloitte; and Frank Castro, Willis.
- Are Public Exchanges Riskier Than Plans Planned? - Sherry Call, WellPoint; Walter Zelman, California State University at Los Angeles; Leesa Tori, The Tori Group; and Micah Weinberg, Healthy Systems Project.
- Advantages and Challenges of Not-For-Profit Status - Dan Hilferty, Independence Blue Cross; Doug Smith, UT CO-OP Arches Health; Steve Ziegler, AvMed; and Jim Crotti, Willis.
- Translating RM-Speak Into Business Metrics - Ed Downey, Cubist Pharmaceuticals; Zakia Campbell, Willis; and Chrystina Howard, Willis.
Willis Group Holdings plc is a leading global risk advisor, insurance and reinsurance broker. With roots dating to 1828, Willis operates today on every continent with more than 17,000 employees in over 400 offices. Willis offers its clients superior expertise, teamwork, innovation and market-leading products and professional services in risk management and transfer. Our experts rank among the world's leading authorities on analytics, modelling and mitigation strategies at the intersection of global commerce and extreme events. Find more information at our website, www.willis.com, our leadership journal, Resilience, or our up-to-the-minute blog on breaking news, WillisWire. Across geographies, industries and specialisms, Willis provides its local and multinational clients with resilience for a risky world.