Woodford County Health Care Committee met Sept. 11.
Here is the minutes provided by the committee:
1. Call to Order. - Called to order at 3:05.
2. Roll Call. Melissa Andrews (ch), Dustin Schulz (Vc), Janet Gibbs, Derek Reinmann, Matt Noar, Chuck Nagel, and John Krug were all present. Doug Mullen, Lisa Jording, and Emily Barker were excused. Jay Shreffler and Joe Soto were absent. County Clerk Dawn Kupfer was also in attendance.
3. Approval of Minutes
a. Approval of August 14, 2019 Minutes
Motion to approve the August 14, 2019 minutes as submitted made by Matt Noar, seconded by Chuck Nagel, Motion to approve as submitted carried.
4. Public Input - None
5. Report of Fund Balances
Premium & Claims Reserve Fund: $ 578,392.77
Health Care Plan Fund: $ 35,003.33
Total of both funds: $ 613,396,10
The fund balances are approximately $100,000 lower than last month as we have recently had two plan participants exceed the stop loss limit of $20,000. We anticipate receiving reinsurance proceeds from Symetra in the near future.
6. Appointments
There are no appointments for this meeting, however, there will be four members coming up for reappointment in November: Jay Shreffler, Joe Soto, Doug Mullen, and John Krug.
7. Old Business
a. Review and Approval of Premium Rates for Plan Year 2020.
We have received an updated Proposal of Plan Rates for 2020 calculated at about half of the percentage of increases as the previous month's proposal. The proposal has also been updated with the current census and the total of the employee and County contributions will put approximately $1,210,320.00 into the Premium & Claims Reserve Fund next year. Our annual claims have been running close to this amount so with these proposed rates we should come close to covering the anticipated claims cost for next year. Chuck Nagel made a motion to adopt the new Proposed Rates for Plan Year 2020, seconded by Derek Reinmann. Discussion of the original proposal compared to the new proposal followed. Some of the plan rates will not be increasing while others are minimal increases. We had previously discussed that we should try to keep about 50% of our annual claims cost in our fund balance which we currently have. We have asked some of our employees if they would rather have a premium holiday or smaller percentage of increases and most employees we asked would rather have lower increases. We may still be able to have a premium holiday next year but we will wait and see. The motion to approve the Proposed Rates for 2020 was voted on and motion carried.
b. Discussion and Approval of Premium Holiday.
We talked about this under item 7a. No further discussion at this time.
8. Other
a. County Board Action Follow-up (Monthly item)
a. The recommendation to approve 50% of Brand medications was forwarded to the full board last month and was approved.
b. Monthly Update/Quarterly Report from Snedeker's
Jason from SRM emailed the Annual Plan Performance Report thru August 2019. The claims for the month of August were unusually high which resulted in a loss of approximately $12,600 for the third quarter, however, there is still a net gain for the year-to-date of approximately $45,400.
Melissa reported that information from TRIA was distributed in the employees' paychecks and posters were placed on the employee bulletin board. Melissa has also communicated with Hillary (Health Dept. Administrator) regarding the annual flu shots. The Board of Health Board will meet on September 23rd and this will be on their agenda. The price will potentially go up as they are unaware of the actual cost for the vaccine at this time. The Health Dept will let me know prior to the October Health Care Committee meeting so that we can make a recommendation to the October County Board and hopefully schedule a date for the flu shots to be given mid to late October. She also reported that CoreSource will be changing their name to Trustmark Health Benefits and they will be issuing new insurance cards to plan participants in the next few months.
9. Executive Session (if necessary)
10. Any Action Coming Out of Executive Session
11. Announce Next Meeting Date
Next Meeting will be October 9, 2019 at 3:00.
12. Adjournment
Motion to adjourn at 3:23 made by Chuck Nagel, seconded by Janet Gibbs. Motion carried.
https://www.woodford-county.org/AgendaCenter/ViewFile/Minutes/_09112019-978
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