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Mike Trent
Employee Benefits - Self-Funding & Risk Management Models
Professional Background
Mike Trent is a seasoned professional with over 25 years of extensive experience in consulting and managing health benefits programs that include alternate-funded, fully insured, and HMO plans tailored for employers of all sizes, including prestigious Fortune 500 companies. Throughout his career, Mike has developed a profound understanding of the internal mechanisms involved in self-funded programs, enhanced by his active participation in third-party administration (TPA) firms. His insight into national PPO networking strategies showcases his expertise in navigating the complexities of network discounts and provider contracts, which are crucial for translating health claims data into actionable discussions around cost.
In his notable career, Mike has held significant leadership roles, including executive positions at national TPAs and an underwriting risk facility that utilizes captive arrangements, fronting carriers, and international reinsurers. His direct involvement in negotiating Accident & Health (A&H) reinsurance treaties with Lloyd’s of London has equipped him with a nuanced understanding of stop loss programs and policies, further cementing his reputation as an expert in the field.
Education and Achievements
Mike Trent earned his Bachelor of Arts degree in Economics and International Relations, graduating Magna Cum Laude from the esteemed University of San Diego. His academic excellence laid a solid foundation for his professional journey in the health benefits industry, substantiating his analytical skills and comprehension of international markets.
Currently, as the Regional Vice President of Sales at EBMS, Mike focuses on delivering comprehensive health plan options to employers ranging from self-funding administration and association health plan administration to on-site clinics and unique reimbursement programs like reference-based reimbursement. His commitment to working alongside employee benefits brokers and consultants enables the creation of cost-effective and risk-reducing alternate-funded health plan solutions, demonstrating his dedication to transforming employee health benefits.
Achievements
Mike's visionary approach is centered on improving physical wellness for individuals while enhancing financial health for businesses, facilitating their growth and sustainability. He actively engages with brokers and consultants to devise innovative strategies that are not only beneficial for healthcare costs but also resilient against uncertainties. By fostering partnerships and collaborating with industry stakeholders, Mike continues to be at the forefront of health benefits solutions, shaping the future landscape of employer health programs.
