In this episode of the Expert Perspectives podcast, sponsored by UMB Healthcare Services  and hosted on BenefitsPRO, we'll hear highlights from the September 10th presentation titled, "How to help employers reduce healthcare costs."

Health care costs continue to be a financial burden on employers, individuals, and family budgets. Recent recommendations made to the Senate HELP (Health, Education, Labor, and Pensions) Committee could lift this burden, but it's important to understand what's driving health care spending so you can take active steps to reduce costs for your clients and their employees.

Ilyse Shuman, Senior Vice President, Health Policy for the American Benefits Council, and Matthew Richardson, Senior Vice President, Sales Manager at UMB Healthcare Services, discuss the role that health savings accounts can play in helping individuals save for and manage healthcare costs, as well as how recommendations made to the Senate HELP Committee may affect health care expenses.

The full on-demand webcast can be found here:

https://www.benefitspro.com/2019/08/02/how-to-help-employers-reduce-health-care-costs/

Ilyse Shuman | Senior Vice President, Health Policy | American Benefits Council

Ilyse Schuman is Senior Vice President, health policy, for the American Benefits Council. In this role, Ilyse directs the development and advocacy of the Council's health policy priorities. Before joining the Council staff, Ilyse was the Council's Policy Board of Directors Advisory Council representative from Littler Mendelson, P.C., where she was co-chair of the Workplace Policy Institute. In this role, Ilyse provided strategic counsel and representation to clients on a broad array of workplace issues and developments in Congress and executive branch federal agencies. She was also a member of the firm's ERISA/Employee Benefits practice and co-led the firm's Legislative and Regulatory practice.

A former top congressional staff member and policy advisor, Ilyse worked on the Senate Committee on Health, Education, Labor and Pensions from 2001 to 2008, culminating in her role as minority staff director and chief counsel. She began her work in the Senate as chief labor counsel for Senator Mike Enzi (R-WY) on the Subcommittee on Employment, Safety and Training. After leaving the Senate, Ilyse served as managing director of the Medical Imaging and Technology Alliance. Ilyse also has served as in-house counsel at a manufacturer and market and technology leader. She holds a bachelor's degree from Tufts University Jackson College and a law degree from Georgetown University.

Matthew Richardson | Senior Vice President, Sales Manager | UMB Healthcare Services

Matthew (Matt) joined UMB in 2012 and serves as senior vice president, sales manager for Healthcare Services. In this role, he leads the sales team in developing new partnerships with health plans, third party administrators and technology companies to provide time tested healthcare payment and custodial solutions.

Additionally, he acts as an advocate for the use and expansion of benefit accounts for the healthcare industry. He currently serves on the membership committee for the Employers Council on Flexible Compensation (ECFC).

Prior to joining UMB, Matt was vice president of HSA sales and client experience at Fifth Third Bank for six years. He held other roles at Fifth Third Bank for an entire tenure of sixteen years.