Health summit a tool for small business

Mark A. McComb is a pretty smart guy.

As associate professor of management sciences at Mississippi College, he knows a little more than the average guy about our nation’s health care system. He also is aware that many are not ready for implementation of parts of the Affordable Heath Care Act that are scheduled for 2014.

But don’t expect a solution if you ask him about the future of health care in this country — that’s one test to which he doesn’t have the answers.

But he can help local businesses manage the problem. That’s the purpose behind the third-annual Health Care Reform Summit on Wednesday at Mississippi College School of Business.

“This year’s summit is more of an attempt to help local businesses address what they know about the Affordable Health Care Act,” said McComb. “There will be speakers and hands-on opportunities for attendees.”

The summit is designed for insurance brokers, health care management companies and small businesses. Small business insurance and self-insurance will be key topics.

“They will be trying to determine what they need to do to plan for the implementation of some of the health care initiatives in 2014,” he said.

McComb

“The numbers are so large on personal health care spending — $1.3 trillion — and the majority is spent by a small percentage of the U.S.,” said McComb. “The bottom 50 percent accounts for only $36 billion, or about 3 percent.

“To complicate matters, Mississippi is not a wealthy state. The median household income is $37,000 a year, and health care spending is eating a larger percent of that income. For smaller incomes, health care spending becomes a larger percentage of increase.”

The main purpose of the summit, McComb said, is to help businesses put together a plan for 2014.

“It’s all about how to manage it,” he said.

The keynote speaker is Gary B. Kushner, president and CEO of Kushner & Company, an HR strategy and employee benefits consulting and administration firm. Mike Chaney, state insurance commissioner, also is scheduled to speak.

For more information about tickets and sponsorship tables, call 601.925.3421 or visit business.mc.edu/health-care-reform-summit.

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