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HomeMy WebLinkAboutInsurance Committee Minutes 07.12.2001INSURANCE COMMITTEE MINUTES JULY 12, 2001 5:00 P.M. OLD COUNCIL CHAMBERS MEMBERS PRESENT: OTHER PRESENT: Chairman Mark Mace Bud Johnson Ken Olson Les Dienes Bud Arnold Guy Ro~son Mary Embleton Chuck Rodgers Dave Allen, Western States Insurance agent Dave reviewed the four proposals fi.om Blue Cross/Blue Shield (attached to these minutes) and stated that the vision endorsement was included at no extra cost. He also compared the different provision levels of the plans through the brochures. He went into detail explaining the "point of service" plans and how they differed fi.om the HMO plan. Questions fi.om different members followed, including dependents that live out of state. Under the BC/BS plans, a covered dependent is defined as age 25 or younger, and dependent of the subscriber. Dave will check on how the point of service plans apply to out of state dependents. A union meeting was held last night, and they chose Blue Select. It is the plan closest to their current plan, but still has fewer benefits, such as a $100 deductible for prescriptions. Dave also explained the differences in vision benefits. Les had asked if the city had done any shopping for different carriers, and was told that it had not been done due to time constraints. Bud suggested that it be done for next year, at least 60 days prior to renewal in order to gather health statements fi.om employees. Dave reported that he had checked into the city's option of joining an association, namely the MMIA. It was not a good year to do so due to the high claims history, and the coverage offered through the association would be less. Another option the city may consider in the future is a flex plan. Dave explained the concept again, but stated that the city would need about 100 employees to make it work. It does encourage choosing benefits that are not covered by a working spouse, thereby eliminating "double coverage" Dave then reviewed the Blue Select plan in detail, comparing it to the current YCHP plan, and then compared it to the Blue Choice plans. The big exposures in the Blue Choice plans are in hospitalization and maternity. Any level "B" areas are more out-of- pocket. In closure, Dave stated that the highest level of benefits per type of plan start with an HMO, then a Point of Service plan, then a PPO plan, and finally an Indemnity plan. Insurance Committee July 12, 2001 Page 2. The budget needs additional work to determine the city's position financially, so the committee will try to meet again next week. The meeting adjourned at 6:43 p.m. Respectfully submitted, ~ __ Mary K. Ethbleton Clerk/Treasurer