Introducing: MBA Health Link ADMINISTERED BY GALLAGHER BENEFIT SERVICES, INC.

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1 Introducing: MBA Health Link ADMINISTERED BY GALLAGHER BENEFIT SERVICES, INC.

2 What we will cover The Traditional Model Defined Contribution Private Exchange & MBA Health Link 2014 GALLAGHER BENEFIT SERVICES, INC. ARTHUR J. GALLAGHER & CO. BUSINESS WITHOUT BARRIERS 2

3 Traditional Benefits Model Common Challenges Cost control for employer and employee Provide less, but pay more Employees have differing needs Risks and risk tolerance Education/Knowledge Financial Employee Engagement Competitive pressure for recruitment and retention Uncertainty and new pressures from Affordable Care Act Affordability 30+ Hours for Eligibility 2014 GALLAGHER BENEFIT SERVICES, INC. ARTHUR J. GALLAGHER & CO. BUSINESS WITHOUT BARRIERS 3

4 The MBA Health Link Model Defined Contribution + Private Exchange (1) Defined Contribution: Employer gives employees money Stop picking people s plans Gain financial predictability and control (2) Private Exchange: People go shopping! Big benefits store Technology combines products to yield better, more personalized coverage Personal recommendations based on individual needs and live support Employer role in benefits becomes more like 401k program 2014 GALLAGHER BENEFIT SERVICES, INC. ARTHUR J. GALLAGHER & CO. BUSINESS WITHOUT BARRIERS 4

5 Recommendation Engine A powerful tool for personalized benefit enrollment 2014 GALLAGHER BENEFIT SERVICES, INC. ARTHUR J. GALLAGHER & CO. BUSINESS WITHOUT BARRIERS 5

6 MBA Health Link A custom employee benefit solution Proven technology, operating since 2007 More choice to control costs Employer has control over Benefit program budget Plan funding Self-funded or Fully-insured Carrier selection Best in market or single medical carrier Comprehensive benefit offering and design Flexible integration of employee wellness programs/incentives Employee communication and experience (multi-lingual) Employee Advocacy Custom Communication Year-round online and telephonic member support Administrative efficiencies Consolidated billing Electronic data feeds 2014 GALLAGHER BENEFIT SERVICES, INC. ARTHUR J. GALLAGHER & CO. BUSINESS WITHOUT BARRIERS 6

7 Next Steps Moving forward together Contact the Gallagher MBA Health Link Team for: Live system demonstration Customized defined contribution and benefit store modeling In-depth discussion about how MBA Health Link can work for you If your company is not currently a member of MBA, contact: Tricia Migliazzo Vice President, Membership Engagement Mortgage Bankers Association [email protected] 2014 GALLAGHER BENEFIT SERVICES, INC. ARTHUR J. GALLAGHER & CO. BUSINESS WITHOUT BARRIERS 7

8 Thank You Ethan Hendrickx Area Vice President Gallagher Benefit Services, Inc. Direct: Kevin Hignett Program Manager Gallagher Benefit Services, Inc. Direct:

9 Consulting and insurance brokerage services to be provided by Gallagher Benefit Services, Inc. and/or its affiliate Gallagher Benefit Services (Canada) Group Inc. Gallagher Benefit Services, Inc., a non-investment firm and wholly owned subsidiary of Arthur J. Gallagher & Co., is a licensed insurance agency that does business in California as Gallagher Benefit Services of California Insurance Services and in Massachusetts as Gallagher Benefit Insurance Services. Securities and Investment Advisory Services may be offered by GBS Retirement Services, Inc. and executed through NFP Securities, Inc., Member FINRA/SIPC. Investment advisory services and corresponding named fiduciary services may also be offered through Gallagher Fiduciary Advisors, LLC, a Registered Investment Adviser. Gallagher Fiduciary Advisors, LLC is a single-member, limited-liability company, with Gallagher Benefit Services, Inc. as its single member. Not all individuals of Gallagher and none of Gallagher Fiduciary Advisors, LLC individuals are registered to offer securities or investment advisory services through NFP Securities, Inc. NFP Securities, Inc. is not affiliated with Arthur J. Gallagher & Co., Gallagher Benefit Services, Inc. or Gallagher Fiduciary Advisors, LLC. Neither Arthur J. Gallagher & Co., NFP Securities, Inc., or their affiliates provide accounting, legal, or tax advice GALLAGHER BENEFIT SERVICES, INC. ARTHUR J. GALLAGHER & CO. BUSINESS WITHOUT BARRIERS 9