BIP Summer 2024

“ ”

inspiration

02 LETTER FROM THE CEO

Our members can be at the forefront of ensuring AI is where compassion meets innovation. — NABIP CEO Jessica Brooks-Woods

From impactful to indispensable

6

04 LETTER FROM THE PRESIDENT Operational excel lence and unified strategic planning 06 NABIP IN ACTION Free cybersecurity

14 PROFESSIONAL DEVELOPMENT ERISA fiduciary duties and client centric insurance emphasize acting in participants’ best interests and building client relationships 18 VOICES

training; CMS collaboration; a Healthcare Bill of Rights to improve care

10 INDUSTRY

INNOVATION CMS addresses

The value of M&A advisors; how to help clients navigate complex benefit trends; the consum er protection focus in recent CMS rule

20

unauthorized plan switches; economic and workforce trends shape benefit strategies

action 44 HEALTHCARE IS LOCAL

50 THE MIDDLE MAN Michael Hart

NABIP Maryland’s advocacy efforts; direct contracting lowers client costs EDUCATION Consultant pursues REBC certification to stay current Joining NABIP to connect insurance with advocacy and growth; Where in the World is NABIP?

optimizes benefit plans, negotiates better formularies, and educates employees

46 ONGOING

50

48 ENGAGEMENT

34