The Benefits Playbook Navigating the Shift to Self-Funded Health Plans with Dan Hodges, SVP of Employee Benefits at Woodruff Sawyer
This episode features an interview with Dan Hodges, Senior Vice President of Employee Benefits at Woodruff Sawyer, where he provides strategic consultation and counseling to clients on their employee benefits programs. Dan has over 25 years of experience consulting a large cross section of employers including those in healthcare, not-for-profit, high-tech, service, and hospitality. He is also an expert in self-funding, consumerism, and HSA style plans.
In this episode, Sasha and Dan discuss transitioning to self-funded health plans, choosing a TPA versus an ASO, and the future of employer benefits.
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“You also have a lot more flexibility just on how you design your program. The different pieces that are baked into a fully insured program, how you can break those out, how you can go to specialty markets and get either better service or lower cost for that part of your program. How you can get better programs for your employees to take advantage of within a self-insured program. There's a lot of flexibility that you get, both in terms of service to the employer, service to the employee, and cost savings to the company.” – Dan Hodges
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Episode Timestamps:
*(01:22): Dan’s career background
*(06:33): Dan breaks down transitioning to self-funded health plans
*(23:25): Choosing a TPA versus ASO
*(26:00): Woodruff Sawyer’s unique offering
*(34:32): The future of employer benefits
*(36:52): Dan’s advice for people new to the industry
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Links:
Learn more about Woodruff Sawyer