UNCA Family Business Forum Talk “Reducing Healthcare Costs – Boosting Profits in Your Business.”

Health Care Costs

The Center for Disease Control (CDC) says 75% of healthcare costs could be avoided*
The February 8th Family Business Forum will provide various ways to be intentional about reducing costs and overall health of your business.

THIS EVENT IS TOMORROW! Thursday, February 8 @ 11:30 – 1:30 in the UNCA Sherrill Center, Room 417. Lunch is included. Click HERE to Register.

Frederick Reese, Western Carolina Industries, will tell us that doing nothing is not a long-term solution for rising healthcare costs.  He will share information about an innovative health benefits initiative called the BodPod.  This program has helped participating employers realize substantial savings for their health benefits program and we will hear from two local companies that have implemented the program and saved!

Patrick Long, River Oak Risk will explain how a small captive helps protect what your business earns annually. Fortune 1000 companies have utilized large captives for decades and now small captives are available to reduce risks and losses yet increase cash flow and help with long-term plans.  Captive insurance companies are owned and controlled by those who are insured, thereby bypassing traditional business insurers.

Bios
Fredrick Reese joined Western Carolina Industries, Inc. (an employer association based in Asheville) on July 3, 2000 as President and Chief Executive Officer. Fredrick held a variety of positions related to managing manufacturing plants His vision includes a wellness opportunity that is focused on the mission to make WNC the healthiest place to live and work in the entire country.

Patrick Long is a managing director at River Oak Risk LLC. He provides training to top-tier accountants, attorneys and wealth advisers on the proper formation of captive insurance. Patrick has presented to the North Carolina, South Carolina and Georgia bars, N.C. CPA Symposium, numerous CEO and CFO events, and to hundreds of firms in the Carolinas and Virginia.

Family Business Forum events calendar here.

*CDC Statistics here.

McGuire Wood & Bissette is a proud Strategic Partner with the Family Business Forum. The closely held businesses service area at the Firm works mainly with family owned businesses. The attorneys in this service area help businesses of this type find solutions to their unique challenges. The Family Business Forum is an excellent program bringing attention to these very challenges.