Change, Opportunity, Execution! - NACo · OPPORTUNITY Exploring Bridge bundling opportunities for...
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Change, Opportunity, Execution!
Transcript of Change, Opportunity, Execution! - NACo · OPPORTUNITY Exploring Bridge bundling opportunities for...
Change, Opportunity, Execution!
NACo FSC Vision & Mission
NACo FSC 2
Vision
Strengthen America’s Counties in fostering healthy, vibrant and safe communities
NACo NACo FSC
Mission
NACo unites America’ 3,069 county governments.
Deliver national value-added enterprise programs that offer Solutions and Savings to our Members and Partners.
FSC Leadership
NACo FSC 3
Bill Jasien David F. Thompson •Executive Chairman
•Strategic Direction and Oversight
•Employee benefits programs
o Retirement and Healthcare
•Corporate outreach and expansion of public-private partnerships
• President and Managing Director
• Day-to-day operations
• Execution of programs
• Performance metrics
• USC, Nationwide to next level
• Launch MBS, Debt Set-off
• One new value-added program/year
Value-added enterprise programs that offer Solutions and Savings to our counties
Synergistic Lines of Business
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Solutions
U.S. Communities
$1.72 billion In Sales
Financial
PFA
MBS
Debt Set Off
Healthcare
Consultant Engaged
- 14 million employees
covered
Retirement
Nationwide
$14.3 billion In Assets
Infrastructure
Scoping Options
- 230,000+ Bridges
managed
Marketing Synergies
Revenue Model
Transformational Innovations
Current Initiatives Future Opportunities
Synergistic Lines of Business
NACo FSC 5
Solutions
U.S. Communities
$1.72 billion In Sales
Financial
PFA
eConnectDirect
Healthcare
Consultant Engaged
- 14 million employees
covered
Retirement
Defined Contribution (Nationwide)
$14.3 billion In Assets
Infrastructure
Scoping Options
- 230,000+ Bridges
managed
Marketing Synergies
Revenue Model
Transformational Innovations
Current Initiatives Future Opportunities
U.S. Communities
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$150+ MILLION SAVED FOR LOCAL GOVTS. IN 2014
60,000 registered units of governments and
nonprofits
$1.83 Billion projected in goods and services sold in
2014 NACo FOUNDED AND SPONSORED NATIONAL
COOPERATIVE PURCHASING ALLIANCE
U.S. Communities Savings per County
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* based on 2013 sales, estimated savings per county
NACO PARTNERSHIP WITH 38 STATE ASSOCIATION. NATIONWIDE RETIREMENT SOLUTIONS IS ADMINISTER.
MORE THAN 345,000 COUNTY EMPLOYEES CURRENTLY ENROLLED
NACo Deferred Compensation
Longevity
1.5 million+ county employees have
participated over 34 years
Forward-Thinking
$14.3 billion saved to supplement
participants’ retirement
National Reach
3,000+ local governments helping
their employees retire
NACo FSC 8 Solutions Retirement Financial Healthcare Infrastructure
NACo 457 Program Participation
Solutions Retirement Financial Healthcare Infrastructure NACo FSC 9
Public Finance Authority: Financing Community and Economic Development
$2 billion financed in projects in 36 states since 2010
NACo FSC 10 Solutions Retirement Financial Healthcare Infrastructure
2014 Accomplishments: 2014 Projections:
27 transactions, $560MM issued
44 transactions,
$1.0 billion issued, by year end
eConnectDirect: Real-time online investment platform
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Empowers Treasurers and Finance Directors to: • View broad array of fixed-income
securities • Efficiently trade • Maximize returns
NACo FSC role: • Educate users on this
transparent tool, in partnership with Multi-Bank Securities
Solutions Retirement Financial Healthcare Infrastructure
Synergistic Lines of Business
NACo FSC 12
Solutions
U.S. Communities
$1.72 billion In Sales
Financial
PFA
eConnectDirect
Healthcare
Consultant Engaged
- 14 million employees
covered
Retirement
Defined Contribution (Nationwide)
$14.3 billion In Assets
Infrastructure
Scoping Options
- 230,000+ Bridges
managed
Marketing Synergies
Revenue Model
Transformational Innovations
Current Initiatives Future Opportunities
Healthcare Environment
14+ million state and local employees are covered by employer’s healthcare plan
$153 billion spent annually by public
sector for employee healthcare
Shifting accountability from the employer to the
employee
OPPORTUNITY
Partnering with leading healthcare consultant to identify national business model:
Complement, NOT Compete.
NACo FSC 13 Solutions Retirement Financial Healthcare Infrastructure
Healthcare Opportunities
Stop Loss Insurance
Telemedicine Services
Long-Term Care Insurance
Personal Lines Insurance
Medicare Retiree Health Benefits
Pre-Medicare Retiree Health Plan
Life Insurance
On-Site Clinic
Legal Services
Wellness Plan/Health Risk Assessment
Dental/Vision Insurance
Health Savings Account
Disability Insurance
Affinity Credit Card
Medical Plan for Active Employees
NACo FSC 14 Solutions Retirement Financial Healthcare Infrastructure
Low Revenue High Revenue
Hig
h N
eed
Lo
w N
eed
Identify products and programs that can be offered successfully to member county employees through a nationally contracted partner
Infrastructure Opportunities
OPPORTUNITY
Exploring Bridge bundling opportunities for infrastructure cost efficiency
Counties build and maintain 45% of all public
roads
Counties are involved in 1/3 of the nation’s transit
and airport systems
Counties own 230,000+ bridges
45% HWY
+ +
NACo FSC 15 Solutions Retirement Financial Healthcare Infrastructure
Aligned for Success
2,283 NACo Member Counties 75% of all U.S. counties
53 state county associations
FSC Value Added Financing Analytics Technology
Scale Experience
5 Lines of Solution-Oriented Business Solutions Retirement Financial
Healthcare Infrastructure
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NACo Resources CSI Exec Mgmt
Finance & Administration
Legislative Affairs
Public Affairs Research
Financial Services
NACo FSC
National and Business Partners
Change, Opportunity, Execution!
