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Bob Madden, Employee Benefits Consultant who specializes in Medical Captives for Lawley Benefits Group, with be a featured panelist at the 2015 Berkley Captive Symposium in late April.
The topic of the Discussion is: Cancer Care and Cost Management: Challenges and Trends
The panel discussion summary, from Berkley, is how Cancer is the second leading cause of death in the United States, exceeded only by heart disease. Our current cancer care delivery system falls short in terms of consistency of delivery of care that is patient-centered, evidence-based, and coordinated. The financial cost of cancer is staggering. According to the National Institutes of Health, the cost of cancer care is rising faster than are other sectors of medicine, having increased from $72 billion in 2004 to $125 billion in 2010. Costs are expected to increase another 39% to $173 billion by 2020. This panel will explore the current trends and challenges in cancer care and cost management, as well as discuss the strategies and solutions available to employer-sponsored health plans to ensure the right care and the appropriate cost.
About Bob Madden, CLU GBA, Employee Benefits Consultant
Bob started his insurance career in 1993. Prior to joining Lawley Benefits Group, he was a vice president at First Niagara Benefits Consulting and Gernold Agency for 17 years. Bob excels at developing creative benefit solutions while meeting his clients’ benefits goals and objectives. Bob has become a nationally known expert in employee benefit captives. His strategies and methods of controlling healthcare costs are used by many across the industry. Bob holds a Bachelor of Arts (B.A.) in Economics from the State University of New York at Buffalo and an Associates of Applied Science (A.A.S.) in Construction Technology from Erie Community College. Bob has served on several boards and is currently on the Advisory Board for the Hamburg Finance Academy, a national career and college readiness program.
Bob’s primary role as a consultant is to specialize in employee benefits, specifically medical captives. Lawley’s medical captive program provides employers with a creative health insurance solution for their employees. This program gives an employer the benefits of being self-insured without the risk of being self-insured on their own.