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[Podcast] Private Healthcare Exchanges: The Financial Executive Podcast With ADP’s William Giaconia

2015-09-24 11:00:00

With the development of the Affordable Care Act, the concept of healthcare “exchanges” was created. A key part of the plan was the creation of “private” exchanges that acted as defined contribution mechanisms for employees to choose the best solution.

A recent survey predicts 40 million will be choosing their plans through private exchanges by 2018. But like any new regulation and employee benefit, private healthcare exchanges are fraught with rules and compliance issues.

In this episode of the Financial Executive Podcast, we talk with William Giaconia of ADP about private exchanges and their implementation and future.

William Giaconia

Vice President, Healthcare Strategy ADP, LLC

William serves as Vice President, Healthcare Strategy, where he is charged with understanding the evolving healthcare landscape, determining opportunities, and germinating related new businesses.  Focus areas have been related to ACA compliance, consumerism, and private exchanges – all in the context of integrated human capital management.

Prior to joining ADP, William was Vice President, Consumerism Products at Cigna.  Over 11 years, he led Strategy, Product, and Marketing for Cigna’s CDHP, Economic Incentives, Dental and Vision Products.  Finally, he led initiatives to transform the end-consumer’s experience, and Cigna’s early private exchange strategy and product development.

Prior to that, he was a Brand Manager in the consumer products industry with Unilever, and began his career as a Management Consultant with Accenture.

William earned a BS in Business Administration from Bryant University, and an MBA from Vanderbilt University.

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