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Home My WebLink AboutInsurance Committee Minutes 02.12.2008 MINUTES Insurance Committee February 12, 2008 1:00 pm Council Building Present: Kurt Markegard Bud Arnold Mark Guy Chris Rosenberg Guy Rolison Mary Embleton Helen Gonsowski Dave Allen Cheryll Lurid Helen Gonsowski from MMIA met with the committee to tell them about the new options on the group health insurance that will be available as of the policy renewal date of July 1, 2008. When MMIA first offered health insurance in October 2004 they had 43 cities and towns in the eligible pool. As of July 2008 there are 71 cities and towns with a total pool of over 1800 employees and retirees. Helen said that MMIA is now able to offer the option of each employee either staying with the existin~ Blue Select Plan or choosing one of four (4) other types of Medical Employee Benefits Programs. The Blue Select Plan existing benefits will not change and MMIA is hoping that the premium increase will not exceed into more than a single digit percentage. Helen passed out handouts on the MMIA Employee Benefits Programs - Standard Plan Offerings that explained the current Blue Select Plan as well as the Bridger Plan, Madison Plan, Mission Plan and the High Deductible Health Plan with Health Savings Plan. She explained that the rates on the handouts are from July 1, 2007 and expected to change with the July 1, 2008 renewal. Helen talked about the difference in the five available plans. She also talked briefly about the Health Savings Plan. She suggested that prior to eniployees enrolling the City should bring in a financial advisor to talk with those interested employees. Helen stated that she knew of several qualified financial advisors from Billings that the City could contact. Helen stated that there could be some changes made to the Dental Policy with BCBS because they have chosen to go out to bid with Delta Dental. Vision should stay the same with some possible minor "tweaking" of the policy. Helen said that MMIA is also offering an employer pay Base Group Life Insurance policy that would cost $.23 cents per $1,000 of coverage which would be around $2.30 per employee. MMIA is also offering a voluntary employee pay Group Life Insurance and AD & D policy. A minimum ofl0 eligible employees or 25% of all eligible employees must participate for up to $300,000 benefit or at least five eniployees for up to $100,000 in benefits. Each employee can select an amount of life insurance benefits that best fits their circumstances and needs. Rates are based on the age of the covered person. Dependent Child benefits are also available for Life Insurance but not AD & D coverage. Helen stated that open enrollment is fi:om May 15t~ to June 15th with the deadline for all forms to beto MMIA on June 15th. City of Laurel retiree's have the same option of choosing between the different group health insurance plans and will need to be contacted. The new premium rate schedule is expected to be presented to each city/town on April 1, 2008, or shortly thereafter. Respectfully submitted, Cheryll Lurid, Secretary 2 E V¢ The MMIA Employee Benel AD&D program for our men Companion Life Insurance ~ insurance benefits that besi covered person. Participation Requiremen participate for up to $300,0( Ernployer Contribution: Guarantee Issue Amoun, available for a spouse is 50 benefits in increments of $2 Guarantee Issue Amount w Voluntary Life and AD&D shown below. 15 - 34 35 - 39 40 - 44 45 - 49 50 - 54 55 - 59 60 - 64 65 - 69 70 + Dependent Child Benefit: coverage amounts available coverage amount selected. Benefit Descriptions: Waiver of Premium Portability Accelerated Benefil Benefits are paid subiect Please share this informatic benefits. All employees are are met. For additional information o~ PO Box 666! Tall Frae: (800) 635-3089 · Teh (406) 443-C LUNTARY GROUP LIFE AND AD&D · Helena, MT59604-6669 907 · Fax: (406) 449-7440 :s Program now offers a very competitively-priced Voluntary Gn Jp Life and ~ership. The carrier is the same as the Basic Group Life and A~&D - ompany, rated A+ Superior. Each employee can select an amount of life ~its their circumstances and needs. Rates are based on the ag~ of the A minimum of 10 eligible employees or 25% of all eligible emi ,toyees must benefit or at least five employees for up to $100,000 in benefi! s. ne ths ro ram re ulresthe reml ' o I , ; p g q ' p 'urn De paid 100 % by the el~p~oyee. / Up to $100 000 for Employee; $50,000 for spouse. The maxirr},um amount of the amount selected by the employee. The employee may!purchase 000 and the spouse in increments of $5,000. Amounts in excess~ of the require a health statement. ~lonthly Premium Rates perThousand: Rates are age-band, $0.08 $0.13 $0.11 $0.16 $0.15 $0.20 $0.26 $0.31 $0.47 $0.52 $0.72 $0.77 $1.37 $1.42 $2.17 $2.22 $3.82 $3.87 Employee option of $2,500, $5,000, $7,500 and $10,000 Volun' (Employee coverage is required). Child(ren) rate is $0.16 per t AD&D coverage is not available for children. Included Available Included d and are iry Life lousand of the terms and conditions contained in the Group Insuranbe Policy. with your employees, whether or not they are covered by our Broup health .~ligible to participate in this program if minimum participation re~: uirements enrollment forms, contact Helen Gonsowski at the MMIA - 1-80 )-635-3089. Renewal for City of Laurel Medical Benefit Plan: Blue Select ~ Participation Effective on: July 1, 2007 This Dosument Is a Summary of Coverage Only. The BCBSMT Plan Document must be referanced for details of all Calendar Year Deductible(s) H/A Annual Out-of-Pocket Maximum $2,000 ~ $4,000 Lifetime Maximum $5,000,000 Cancer Screenings and Related Office Visit 100% Mammogrems Pap test and Pelvic Exam Colonoscopy Prostate Screening Routine Exam Employee & Spouse Ages 40 to 49, 1 Every 2 Years,Thereafter Annually Annually Starting at Age 18 Annually Starting at Age 50 Annually Starting at Age 50 $20 Copay Children's Preventive Care 100% Inpatient Hospital Room, Board & Suppor[ Services (prior authorization required) 100% ~ $500 Copay Ambulatory Surgery Center $30 Copay Emergency Room $75 Copay Surgeon & Anesthetist $30 Copay Office Visits $25 Copay Physician Services $25 Copay Diagnostic X-Ray & Lab 100% Durable Medical Equipment 100% up to $4,000 ,Ambulance $50 Copay Home Health Care (prior authorization required) 100% ~ 180 visits Chiropractic Services $20 Copay ~ 30 visits Infertility Services Not Covered Inpatiefft Hospital $500 Copay - 21 days Inpatient/Outpatient Professional ~ Mental $30 ~ 40 visits Inpatient/Outpatient Professional ~ Substance Abus $30 Copay Prescriptioas. Retail Genedc Rx Co-pay [ $10 $20 ~,eteil Non Formulary Brand Co-pay [ $40 3ru~s for treatment of infertility ! NOt Covered Funding Rates Employee $475.00 Employee & Spouse $1,053.00 Employee & Child $756.00 Employee & Family Medicare Single 2Party Medicare $1,209.00 $266.00 $532.00 I-Il+Age65 $741.00 Revisod by MMIA ~ 2/8/2008 MMIA Employee Benefits Programs ~ Rate Comparison for City of Laurel - 2007-08 Plan Year Monthly Medical Rates Premium Difference $174 $388 $277 $443 Contributions to Health Savings Plans Pnepa~ed by MMIA Consumerism Continuum Less Employee Uo~e Employee Responsibility Resp~,.sibtlity employees from managed care to managed behavior 2 Totals Current Period 4 6 7 8 9