THIRD NATIONAL MEDICAL BANKING INSTITUTE

February 24-25, 2005

Nashville, TN

Institute Home | Registration | Agenda | Speakers | Institute Materials | Location & Lodging | Sponsorship

Ernie Clevenger, President

MyHealthGuide, LLC

Brentwood, TN

James L. Hogg, RHU, REBC, Relationship Manager

Wells Fargo Health Benefit Services

Brentwood, TN

Title:  Your Bank and the Emerging Medical Consumer Segment

Session Focus/Summary:

The consumer-directed marketplace has found its voice.  It is estimated that over the next few years over $1 trillion in deposits will be placed into specialized Health Savings Accounts.  Among the supporters of this new health plan format is the White House, the Treasury Department and others.  As technical issues resolve (IRS regulations) more health plans are offering the HSA format.  This session features an overview of how HSAs work...and the increased need for health and medical education for employees.

Learning Objectives:

1. Review the development of the consumer-directed marketplace, starting from HIPAA's MSA to the latest evolution - Health Savings Account

2. Identify new opportunities for banks, TPAs and Health Plans

3. Discuss new health and medical information needs by medical consumers and what's being done to help

Biography:

Ernie Clevenger is President of MyHealthGuide, LLC, a company with products targeted to the nation’s medical self-funded community. Mr. Clevenger is also President of American Progressive Benefits, Inc., a managing general underwriter providing stop loss underwriting to the self-funded community. Mr. Clevenger's education includes an MBA from Vanderbilt University, a BA in Mathematics from David Lipscomb University, and a FLMI from the Fellow Life Management Institute. Mr. Clevenger has conducted due diligence/audits on third party administrators (TPA) and managing general underwriters (MGU). Mr. Clevenger has testified before Congress and often serves as an expert witness or arbitrator in insurance disputes.

James L. Hogg has more than 30 years experience in consulting, management, underwriting and sales in the health and life insurance industry.  He helped pioneer the ASO/excess risk and the minimum premium concepts for two major insurance carriers.  He also pioneered the Accountable Health/Community Health concept and sold the reinsurance to Lloyds of London and later to networks across the country.  While at an MGU, Jim evaluated and developed new relationships with third party administrators, utilization management companies, PPOs, HMOs and PBMs.  Jim has underwritten for large self funded groups, major insurance carriers and small employer associations.  Jim has served as the primary consultant for groups as diverse as a 5,000 employee international organization, a 10,000 employee multi-state bank, a 4,500 employee utility company and various Taft Hartley union local groups.  He developed ROI projections for UM services that assisted in the sale of services to several international corporations.  He also helped large existing clients forecast future healthcare costs and estimated IBNR reserves.

In early 2004 Jim helped develop Wells Fargo's HSA Trust product and then sold and implemented this product with major insurance carriers, third party administrators and large employers.  Jim has been doing HSA and Consumer Directed Healthcare seminars and training for employers, brokers, agents and internal staff of insurance carriers/HMOs across the nation.

Jim has a BS in theology, is a Registered Health Underwriter (RHU), a Registered Employee Benefits Consultant (REBC) and a Professional in the Academy for Healthcare Management (PAHM).  Jim holds life and insurance licenses in Tennessee, Michigan and several other states.