; Arkansas Blue Cross And Blue Shield To Host Meeting For Large-Group Employers On Health Care Reform Changes
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Press Release

Arkansas Blue Cross And Blue Shield To Host Meeting For Large-Group Employers On Health Care Reform Changes

David Knott, Ph.D., director of McKinsey & Company, to speak

April 25, 2012

Little Rock, AR — Is your company ready to implement healthcare reform changes? Arkansas Blue Cross and Blue Shield is helping companies throughout Arkansas prepare for implementation of regulations in 2014 under the Patient Protection and Affordable Care Act (PPACA) by hosting, “Health Care Reform Countdown,” Monday, April 30, from 10 a.m. to 3 p.m. at Embassy Suites in Little Rock.

Health Care Reform Countdown will focus on changes in the health insurance industry for companies providing employer-sponsored health insurance for 100 or more employees and help them prepare for the requirements that will be implemented in the next two years. There is no cost to attend the seminar.

Keynote speaker, David G. Knott, Ph.D., director for McKinsey & Company, a national management consulting firm, will discuss, “The Future of Employer-Sponsored Health Care.” Additional topics and speakers include:

• “Health Care Reform: An Employer’s Perspective,” Cal Kellogg, Ph.D., PAHM, senior vice president and chief strategy officer, Arkansas Blue Cross.

• “Modeling Health Care Reform: Impact on Employers and Employees,” Sam Vorderstrasse, vice president of Actuarial Services, and James Juillerat, senior actuary and lead consultant, Arkansas Blue Cross.

PPACA, which became effective March 23, 2010, has a number of insurance reform provisions that require compliance within a timeframe that began in September 2010.

“Arkansas Blue Cross and its family of companies, including Health Advantage and BlueAdvantage Administrators of Arkansas, have been working with employers to educate them about the law as we understand it,” said Mark White, president and chief executive officer for Arkansas Blue Cross. “We believe it is important to work closely with the employers we cover to ensure their companies and employees are ready for 2014 and beyond. We have adjusted our benefits systems to accommodate the mandated provisions according to the timeline set forth by the Department of Health and Human Services. These provisions apply to all health plans, whether they are grandfathered, fully insured, self-funded or collectively bargained.”

Embassy Suites is located at 11301 Financial Centre Parkway in Little Rock. Employers with more than 100 or more employees who provide employer-sponsored health insurance are welcome to attend this free event. Seating is limited. Reservations are required by calling Tracy King, 501-378-3304.

About Arkansas Blue Cross and Blue Shield
Founded in 1948, Arkansas Blue Cross and Blue Shield, an Independent Licensee of the Blue Cross and Blue Shield Association, is the largest health insurer in Arkansas. Arkansas Blue Cross and its affiliates have more than 2,700 employees. If combined, the 39 independent, locally operated Blue Cross and Blue Shield Plans collectively provide health care coverage for 93 million – nearly one in three – Americans.

The Blue Cross and Blue Shield Association is a national federation of 37 independent, community-based and locally-operated Blue Cross and Blue Shield companies that collectively provide healthcare coverage for nearly 100 million members – one-in-three Americans.  For more information on the Blue Cross and Blue Shield Association and its member companies, please visit bcbs.com. We encourage you to connect with us on Facebook, check out our videos on YouTube, follow us on Twitter and check out The BCBS Blog, for up-to-date information about BCBSA.