Stephen Fallon

Stephen J. Fallon

Phone: 410.666.0500 Ext: 224
Fax: 410.666.6177

Director- Employee Benefits Practice

Mr. Fallon has over 23 years of employee benefits experience and is responsible for leading the Employee Benefits Practice team in the development and implementation of all strategic initiatives and client-specific service plans. Steve specializes in public sector benefit strategies and has worked with over one hundred municipalities, boards of education and county governments.

In 2004 Mr. Fallon joined IBC to help create the Employee Benefits Practice specializing in helping large employers and public sector plan sponsors in managing the costs and delivery of their employee benefit programs.

He helped develop Pennsylvania’s first municipal health insurance trust covering over 85 public entities for a range of medical, dental and prescription drug benefits. This extremely successful and innovative program has helped control the rate of increase of health insurance costs for members and has become a model for public sector risk pooling throughout the region. The program has saved members over $36 million since inception and has evolved into a full service benefits administration platform.

Mr. Fallon’s other areas of expertise include:

  • Self-funding and reinsurance
  • Provider discount analysis
  • Carrier/vendor negotiations
  • Rate development (COBRA and NJ Chapter 78) and underwriting
  • Plan performance benchmarking
  • Prescription drug carve-out feasibility analysis and implementation
  • Post-retirement benefit strategies
  • Collective bargaining strategies

Mr. Fallon is a graduate of Villanova University with a Bachelor of Arts in Political Science/Honors.
Mr. Fallon has presented to national and regional organizations including:
Association of Government Risk Insurance Pools (AGRIP)

  • 2007 Health Insurance Pooling (Savannah, GA)
  • 2010 Health Reform and the Impact on Government Health Pools (Nashville, TN)

Pennsylvania Government Finance Officers Association (GFOA)

  • 2008 Health Insurance Pooling (State College, PA)
  • 2011 Strategies for Controlling Health Insurance Costs (State College, PA)

Pennsylvania Association of Housing and Redevelopment Authorities

  • 2011 Health Reform (Harrisburg, PA)

In addition he has conducted client seminars on various topics including collective bargaining strategies, cost containment and wellness initiatives.

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