GROUP BENEFITS STRATEGIES
Municipal Health Insurance Forum
November 28, 2017 | Worcester, Massachusetts
Public Entities that self-fund their health insurance benefits continue to face complex challenges relating to escalating stop loss, medical and prescription drug costs. It is within the context of these challenges that Group Benefits Strategies held an informational session on programs which will assist in controlling future medical plan costs.
During the meeting, the following topics were discussed:
• Addressing stop loss cost challenges through the MA Municipal Reinsurance Arrangement (MMRA)
• Leveraging carve-out programs to control claims cost
• Pharmacy o Cancer Care Management
Tracey G. May, MHSA, Area Vice President
Tracey has been an Area Vice President with Arthur J. Gallagher & Co. since February 2012. In his current role, Tracey is credited with forming one of the largest Public Entity medical reinsurance captives in Massachusetts (MMRA) as well as the first medical reinsurance captive in Connecticut (CT Prime).
Prior to joining Gallagher, Tracey served as an Assistant Vice President for Lockton Companies, Senior Consultant with Arthur J. Gallagher, and Marsh & McLennan Companies, working on large case financial renewals, carrier rate negotiations, and strategic planning. He has also worked for Meritain Health (an Aetna Company) and CIGNA HealthCare where he served in various financial and account management roles.
Tracey received his Bachelors of Science in Marketing/Finance from Central CT State University and a Masters in Health Systems Administration from Rochester Institute of Technology. In Tracey’s spare time, he volunteers as a youth mentor, serves as Board Chair of the 224 EcoSpace and Easter Seals Capital Region & Eastern Connecticut.
Recently, Tracey was a guest panelist at the Self-Insurance Institute of America (SIIA) Conference and Expo in Phoenix, AZ, where he spoke about cost containment strategies for maturing captives.
In 2014, Tracey was presented with the 100 Men award by the Governor of Connecticut for his community and business leadership.