82. A Panel Discussion with 2 Employer Case Studies w/ Jaimie Jarvis & Stephanie Porrino

At SHRM26, moderator Chelsea Ryckis and Ethos Benefits co-founder Donovan Ryckis brought two employers on stage to show what taking control of a self-funded health plan looks like in dollars and cents. Stephanie Porrino (formerly HR Director at Hendry Marine Industries, now Founder & CEO of Empower Healthcare Insights) and Jaimie Jarvis (HR Director at Kalos Services) walk through the plan changes, broker breakups, and multi-year strategy that took their companies from reactive renewals to governed, fiduciary-driven plans, backed by real claims data. We cover the four moving parts of every health plan (PBM, network, TPA, stop loss), why fully funded and level funded plans leave employers with no real data, how reference-based pricing works, and how two very different employers landed in the same place: lower costs, better access to care, and employees who feel it.What you'll learn:Fully funded vs. level funded vs. self-funded, and why most employers never see their real claims dataHow reference-based pricing works, and why 13 states have already adopted itA 300-employee shipyard's five-year case study: 77% off billed hospital claimsHow a construction company went from a 37% renewal increase to zero premium increases in four yearsWhy removing cost-sharing on primary care, imaging, and mental health can lower total spendWhy more balance bills can actually be a good signHow to tell if your broker or advisor is really working in your best interestGet more on our guests at:Stephanie Porrino, Founder & CEO, Empower Healthcare InsightsWebsite: https://empowerhcinsights.com LinkedIn: https://www.linkedin.com/in/stephanie-kochporrino/Jaimie Jarvis, HR Director, Kalos ServicesLinkedIn: https://www.linkedin.com/in/jaimie-nyhuis-jarvis/Patrick Williams, Co-Founder, Fiduciary in a BoxLinkedIn: https://www.linkedin.com/in/corporatefiduciary/Whether you're an HR professional, CFO, CEO, or just tired of rising healthcare costs, this is your call to rethink your benefits strategy and finally take control.Connect with Chelsea and Donovan:Website: www.businessofbenefitspodcast.com YouTube: https://www.youtube.com/@thebusinessofbenefitspodcast Instagram: https://www.instagram.com/ethoseffectpodcast/ Chelsea: https://www.linkedin.com/in/chelsea-ryckis-8508a192/ Donovan: https://www.linkedin.com/in/donovanryckis/The Business of Benefits Podcast:Subscribe wherever you listen to podcasts: Apple, Spotify, or your favorite podcast app.Ethos Benefits is a fee-only, fiduciary benefits consulting firm. We don't take commissions. We don't represent carriers. We represent you.—-Finished with the content? Claim your CE credit here:https://ideas.ethosbenefits.com/continuing-educationSHRM:Ethos Benefits is recognized by SHRM to offer professional development credits (PDCs) for SHRM-CP® or SHRM-SCP® recertification activities.HRCI:Ethos Benefits is approved to offer HRCI® recertification credits for this program. This program has been approved for 0.5 - 1 HR (General) recertification credit(s) toward aPHR®, PHR®, SPHR®, and GPHR® certification.