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Beyond the Tipping Point
How Life Science Leaders Are Protecting Margin and Benefits in the Age of Healthcare Inflation and AI
Hosted by California Life Sciences and HUB International, these exclusive forums bring together HR, Finance, and Executive leaders from life science companies for a data-driven conversation about two tipping points reshaping their businesses simultaneously, the unsustainable trajectory of healthcare costs and the AI transformation reshaping every workplace.
This program is ideal for HR, Finance, and Executive leaders from life science companies with 200-3,000 employees to gain the information and frameworks they need to lead boldly in a disrupted environment.
Hosted in two convenient locations, this program is designed to foster connections, spark conversation, and explore pressing questions on AI adoption and healthcare purchasing
- April 8, 8:30-12:30PM | South San Francisco (Timber + Tide on Gateway Blvd) – Click here to RSVP
- April 9, 8:30AM-12:30PM | San Diego (The Boardwalk at Science Center Drive) – Click here to RSVP
Program
8:30AM | Registration, Breakfast, Networking
9:00AM-12:00PM | Programming
Milliman – The Healthcare Cost Crisis: Why the Status Quo Is No Longer Viable
Healthcare costs have reached a tipping point. For employers and plan sponsors, the question is no longer whether to act — it’s whether you can afford not to.
Milliman’s experts will make the case for why the status quo is broken and what high-performance companies are doing differently. Drawing on proprietary research and real-world data, this session unpacks the forces driving today’s healthcare cost crisis — from the seismic impact of GLP-1 medications on pharmacy spend, to mounting fiduciary obligations under ERISA, to the hidden costs buried in PBM contracts that most employers never see coming.
The takeaway isn’t just a diagnosis — it’s a playbook. Attendees will leave with concrete strategies to close the transparency gap, manage spiraling Rx costs, and make smarter, data-driven benefits decisions that protect both their people and their bottom line.
The status quo is no longer viable. This session will show you what’s next.
HUB International & Pareto Health – The Path Forward: Self-Funded Captive Solutions for Life Science Companies
The deck is stacked. Fully-insured carriers have engineered their products to ensure one outcome — that they win. For California employers between 300 and 1,500 employees, that means absorbing unpredictable cost increases year after year while having little visibility into what’s actually driving them.
But there’s a growing divide between companies that have accepted this arrangement as inevitable and those that haven’t. High-performance employers in this size range are discovering that partially self-insuring — long considered the domain of large enterprises — is not only accessible, it may be the most powerful lever available to control costs, improve plan performance, and deliver better outcomes for their employees.
This session is designed specifically for HR and Finance leaders who haven’t yet explored self-insurance — not to sell you on it, but to equip you with the knowledge to evaluate whether it’s right for your company, risk tolerance, and your long-term total rewards objectives.
Because the first step to breaking the cycle isn’t a decision — it’s due diligence.
McKinsey & Company – Beyond the Tipping Point: AI, Leadership, and the Cost of Waiting
The McKinsey Global Institute brings its latest research on AI and the future of work to the Life Sciences & Pharma sector, offering a data-driven look at what may be the most significant workforce transformation in a century. With 68% of jobs requiring fundamental reimagination by 2030 and AI fluency demand growing 4.7x faster than any other skill, pharma and medical manufacturing organizations face urgent decisions about how to adapt. This presentation breaks down how work will be divided between people, AI agents, and robots; which roles and skills face the greatest disruption; and how leaders can navigate the shift through workflow redesign, smart skilling, and talent redeployment — with up to $31 billion in economic value potentially on the line for the sector in the US.
12:00PM | Lunch & Networking
This event is closed to service provider attendees that are not current members of California Life Sciences. Contact [email protected] to learn more about becoming a member.
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