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HomeMy WebLinkAboutInsurance Committee Minutes 02.27.2017 February 27, 2017 Insurance Committee Meeting Present: Heidi Jensen, Bethany Keeler, Kelly Strecker, Monica Salo, Roy Voss, Fred Gregory,Tom Nelson, and Bruce McGee. Guests: Dave Allen, Eric Allen, Brandon Corey Chair Heidi Jensen called the meeting to order at 2:07 p.m. Dave Allen introduced his son Eric Allen who is part of his insurance business. The Insurance Committee introduced themselves to Dave and Eric. 201.7 Insurance: Heidi and Bethany met with Dave a couple of weeks ago and asked Dave to speak about what we are looking forward to. Dave stated that the media rumors for high increases were for the ACA individual plans, mostly"Bronze", with 40-60%increases. City of Laurel is a Large Group, 50+employees,and has a "credibility" so we are not in the plans for the really high increases. Dave handed out a packet of CONFIDENTIAL usage for the city, and due to HIPPA cannot be shared outside of the committee. Where are rates going? Dave spoke about demographics and trends and % increases for medical and prescriptions throughout the health care system. Rates will be set 90 days out, if there is no big "spike"for February claims, and then we should be at trend or below, which is 9%. BCBS will again offer the dual option plans, 70/30 and 80/20 (75-80%of the city is on this plan)with the possibility of a 3rd plan (HSA) plan being offered;this will be determined at a later time if the City will be able to do this. Coverages will be the same, some prescription coverage will be better, looking at a new "Preferred Value Generic" which would be NO cost to members. Insurance Benefits Updates: Eric talked about a new virtual doctor visits called "MDLIVE", it is a $40 co-pay and used via skype or video, mainly for the basics like cold;flu, sinus infection, and if prescription is called for, it will be sent to pharmacy. If a member dials in with a serious illness like chest pains,the system will automatically preclude them and refer to an emergency room or to see a Doctor in person. Some members have utilized and liked it. Fitness Program: Is$25 month and can be used at both Laurel fitness centers and anywhere in the state where the center is on the BCBS plan. For the month of March,the$50 sign up is waived,with refer-a-friend benefits. Blue Access Members: Dave encourages everyone to sign up for this so they can access their claims, benefits, etc. on line at any time. He will do a Q&A session and explain Benefits for members sometime in May. CVS Pharmacy: Dave said that CVS lost 20%of their business and they are looking at accepting BCBS prescriptions in the near future. Future?: Monica asked Dave what it would look like if we went out and "shopped". Dave said that at this time, no one can match our benefits,would be really surprised if we could get a better rate. Pacific Source is basically Billings Clinic use only as their dual hospital plan is really expensive. Laurel Medical Center is owned by Saint Vincent so nothing local could be utilized. MMIA and Allegiant can't offer what we have now for the same rates. While our claim history has been better,they still look back at 36 months of claims to help with setting rates. Having a HSA plan will help our rates in the future. As long as February claims come in under 50%then our increase should only be at trend or below. Heidi stated that the Insurance Committee is advisory;the recommendation comes from her to the Council for decision. Tom asked if the City could match/help HSA contribution. Heidi said they haven't talked about it yet, will see what the rates come in as. Union 303 Representative Fred Gregory stated that he still needs to appoint another rep for the insurance committee from their Union. Brandon Corey, guest from Union 316, stated that rates are getting out of control and the city is going to lose good hands (employees) because employees can't afford all the increases. Heidi said that we can't control the rates and Dave recognizes how expensive insurance is. Heidi will notify of next meeting when rates are received. Adjourned at 3:10 p.m. Respectfully submitted, Monica Salo