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Employee Benefit Trust Minutes - 04/08/2010City of Wichita Falls Employee Benefits ,crust Board N inutes April 8`h, 2010 The meeting was held i►u the City Council Conference Room, 1300 Seventh Street, Wichita Falls, TX 76301. Present: Lanham Lyne, City Mayor Darron Leiker, City Manager Jim Dockery, Asst. City Manager /CFO Miles Risley, City Attorney Tammy Guerra, Human Resources Manager Becky Chapman, Employee Benefits Coordinator Agenda Items: i. Call to Order- Meeting was called to order at 2:OOpm. ii. Approval of Minutes- Motion was made by Miles Risley to approve the March minutes, second by Jim Dockery. The motion carried unanimously. iii. Consideration and discussion of retaining a benefits consulting firm- 1. Gabriel, Roeder, Smith & Company: Becky Chapman introduced GRS representatives, Jim Shaefer and Amy Cohen and they started off the presentation with their services and pricing. The pricing presented was the retainer price of $42,000 Which includes the construction of a data warehouse. GRS constructs the data warehouse from a monthly claim data drop that comes directly from BCBS. Its purpose is to generate reports that will help identity plan design changes or other cost saving measures. Over a reasonable period of time, GRS can balance the friction between organizational tension and the cost reduction targets (plan design, contributions, vendor management and eligibility provision). GRS analyzed our current plan options and recommended that we consider a HSA option (portable and absence of "use it or loose it" feature) for the core plan, decrease the co -pay and increase the maximum benefit allowance. They also suggested introducing an urgent care benefit. 2. Holmes itfurph y and Associates: Holmes Murphy and Associates representatives are Jarrad Wills and Melissa Paxton. Jarrad started out the presentation by giving a history of the company. Holmes Murphy and Associates lleadqua.rters are located in Des Moines, Iowa and in 1989 it expanded to Texas and they have been in business over 75 years. Holmes Murphy has experience in clinical process integration, chronic condition management, executive benefits, underwriting and actuarial services. They also have a call center with four bilingual representatives to provide back up assistance. Holmes Murphy has concluded that the way to lower health expenses in the long -term is to improve the health of the employee population. They have what they call it plan change model which takes our experience, participation, premiums and any information related to our plans and roll it up to actuarial or dynamic modeling tool which will provide information that will help them decide to improve our plans. 3. IPS Advisr i-s IPS representatives, Randy Martell, Brent Weegar and Paige Bublik, started their presentation with a brief summary on IPS's history. IPS was started 30 years ago in Dallas. It has 65 full time employees in Dallas /Austin /Fort Worth offices. They are partners of the National Financial Partners which gives them a footprint nationally. They are part of 188 offices and approximately 1,500 benefit professionals nationwide assisting around 30,000 clients. A large part of their clientele is municipalities, so they have the experience in this type of industry. Part of their services include... preparing employee communications and assisting with COBRA /HIPAA compliance related questions. They also provide third party claim audit services in which they negotiate additional discounts for out of network and secondary network physicians. They have found that this resulted in an additional 30% discount for having the claim auditing service in place. In addition, IPS performs a pharmacy re- pricing analysis to maximize client savings. They will assist the city in negotiating and drafting contracts with providers and they will assess our wellness program and on -site clinic operations. IPS will complete an evaluation on our current benefits program by reviewing five years of benefits history and they will then use that information for benehmarking and gap analysis. In addition, they will complete a historical financial funding analysis, network provider discount analysis, and comprehensive compliance audit and develop reports and recommendations. The next step will be to develop a 2010 -2015 benefits plan strategy to review the plan objectives and goals for the city. Within the strategy, IPS likes to complete all employee survey to get feedback from the employees that will be impacted and in some cases conduct focus group meetings. The third step is to coordinate a competitive purchasing process. To do this, they advise and assist in the RFP process with all of our benefits providers. In conclusion, the EBT Board members requested time to review the presentation packages and they will schedule another EBT meeting to approve the final decision. iv. Consideration and possible approval of allowing retirees that are riot oil the City's insurance plan to use the on -site clinic for a fee- Use of the on -site clinic for the retirees that are not on the City's insurance plan will be charged $25.00 per visit. Motion was made to approve the changes by Darron L,eiker. second by Jim Dockery. The motion carried unanimously. v. Consideration and disCLISSiorl of the recent contract termination between Titanium Emergency Group and Blue Cross Blue Shield- Tammy Guerra explained that Becky Chapman prepared a packet of information discussing the changes TEG made to their contract with BOBS to be distributed to those employees that are covered on the City's healtli plan. Included in the packet was a memo explaining the changes and copies of the benefit structure for both the Core and Enhanced plan. Darron suggested getting something in writing from TEG and BCBS on our concerns and what they are doing to work out the situation. vi. Open Session vii. Adjourn at 4:39pnr Submitted by: Becky Chapman Employee Benefits Coordinator 7. ilex Risley, C irman 94te