Ethics Programs For Colorados Benefit Trusts Essay

In light of the current economic environment and the heightened consideration that must be given to corporate governance in the post-Enron era, I respectfully submit to you the following proposal with optimism and urgency. There are tens of thousands of individuals right here in Colorado who, along with their public-sector employers, are currently at the mercy of the ethical compasses of only a few. As you may know, these individuals and their families have medical, dental, vision, and life â€Å"insurance† through a self-funded trust plan instead of a traditional insurance company. While self-funded trusts can certainly be advantageous to employers and employees alike, what you may not know is how the lack of formal ethics programs and†¦show more content†¦There are several benefit trusts in Colorado, but one of the oldest and largest is the Colorado Employer Benefit Trust (CEBT). CEBT is a not-for-profit trust providing employee benefits such as medical, dental, vision and life coverage for public entities across Colorado. CEBT was established in 1980 and has grown to covering over 17,000 members in more than 200 participating groups (Colorado Employer Benefit Trust website, n.d.). Its member groups are currently made up primarily of school districts, municipalities and a variety of special districts throughout the state. CEBT’s shared risk model keeps administrative expenses to a minimum and mitigates exposure to catastrophic claims for the individual employers. The trust is managed by a board of seven trustees (BOT) acting as representatives from their respective employer groups and does not currently have any employees. The BOT hires a third-party administrator (TPA) to oversee the day-to-day business of the entity such as enrollment, billing, customer service and claims adjudication. The TPA also serves as the exclusive broker for CEBT’s products. The TPA’s employees are expected to be in compliance with the ir company’s Global Policy Manual that includes an Ethical Code, but are not subject to any direct oversight from CEBT. The relationship between CEBT and its TPA is very close and is built upon 30 years of experience and interaction between the two entities. As such, the BOTShow MoreRelatedThe Importance Of Ethics And Professionalism At Aaa Colorado1282 Words   |  6 Pagesdecrease member wait time and increase employee efficiency and productivity. Overall Goal Our goal is to understand the importance of ethics and professionalism at AAA Colorado so we can minimize risk and maximize benefits to club members, improve upon employee and member satisfaction through valid research studies and application of findings and ensure the trust, security and peace of mind of all of our members. Objectives and Desired Outcomes Accountable - Ethical reviews account for laws andRead MorePatient Centered Medical Home : A Managerial Outlook1587 Words   |  7 PagesLymaris Rivera Texas AM University - Central Texas â€Æ' Abstract The Patient-centered Medical Home (PCMH) will be assessed to evaluate the effectiveness of other health care organizations (HCOs) to compare and contrast values and mission. In addition, program cost-effectiveness will be examined considering health insurance providers and HCO. As a health care administrator, it is beneficial to truly understand the basis and goals of the PCMH to effectively execute the medical home model and successfully